USDJPY Forecast:

The USDJPY slipped below 91.71 key level support earlier today in Asian session but still unable to move below that area so far. Although this fact opens the door for further bearish pressure testing the major trendline support, we need a consistent move below 91.71 to continue the bearish scenario. Immediate resistance at 92.50 area. Break above that area could lead us back into no trading zone as price will again trapped in boring range area.

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