USDJPY Daily Forecast: March 20

By @ibtimes on

USDJPY Forecast

The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term but overall I still prefer a bullish scenario at this phase. Immediate support remains around 82.50. A clear break and daily close below that area could trigger further bearish pullback testing 81.80. Immediate resistance remains around 83.65. A clear break above that area could trigger further bullish pressure retesting 84.00/17 before testing 85.00/50 region.

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