USDJPY Forecast

The USDJPY had a bearish momentum yesterday, bottomed at 82.32 and closed at 82.51. There were some upside pressure earlier today hit 82.94. The bias is bearish in nearest term testing 81.80 but overall I still prefer a bullish scenario at this phase and any downside pullback now is normal. Immediate resistance is seen around 83.00. A clear break above that area could lead price to neutral zone in nearest term testing 84.00 area.

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