USDJPY Daily Forecast: May 09

By @ibtimes on

USDJPY Forecast

The USDJPY slipped above 80.85 on Friday but still unable to stay above that area so far. The bias remains neutral in nearest term. As long as price stays below 82.00 I still prefer a bearish scenario but a clear break above 80.85 could trigger further upside pullback testing 82.00. On the downside, we need a clear break below 79.80 to continue the bearish scenario targeting 78.24 even 76.21.

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