USDJPY Daily Forecast

The USDJPY was corrected higher yesterday. On h4 chart below we can see that the pair is now moving around the trendline resistance (former broken support). As long as the trendline resistance hold, this upside correction is normal. Immediate support is seen at 95.00. Break below that area should trigger further bearish pressure testing 93.80. Initial resistance at 96.70. CCI in neutral area both on h4 and daily chart.