USDJPY Forecast:

The USDJPY attempted to push lower yesterday, bottomed at 89.62 and closed at 89.95. The main trend should remain bearish but bullish correction remains intact as long as price stay above 89.50 area and we need a break below that area to continue the bearish scenario retesting 88.50. Immediate resistance remains around 90.50 area. Break above that area should trigger further bullish correction targeting 91.50.