USDJPY Forecast:

The USDJPY was indecisive yesterday. Price still consolidating after significant bullish which violated the major trendline resistance. The bias is neutral in nearest term. Immediate support at 92.00. Break below that area could trigger further bearish pullback testing 90.50 but lead us into no trading zone as direction would become unclear. Initial resistance at 92.94. Break above that area should continue the bullish scenario targeting 93.75.

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