USDJPY Forecast:

The USDJPY didn’t make significant movement yesterday. On h1 chart below we can see that price still move below the minor trendline resistance indicating limited bullish momentum so far. The bias remains neutral in nearest term. We need a clear break above the minor trendline resistance to continue further bullish momentum towards 93.75 and 94.70. Immediate support at 92.00 – 91.71 area. Break below that area could trigger further bearish pressure re-testing the major trendline support.

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