The USDJPY attempted to push higher yesterday, slipped above 84.00 but further bullish pressure was rejected and closed lower at 83.18. The bias is neutral in nearest term but overall I still prefer a bullish scenario at this phase. Immediate support is seen around 83.00. A clear break and daily close below that area could trigger further bearish pullback testing 82.50. On the upside, we still need a clear break and daily close above 84.00/17 to continue the bullish scenario testing 85.00/50 area.
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