USDJPY Forecast:

The USDJPY didn’t make significant movement on Friday. On h1 chart below we can see that price is trapped in range area of 90.50 – 89.00 area so far after violated the major trendline support. We need a break below 89.00 area to continue the bearish scenario testing 88.23. Break above 90.50 could lead us into no trading zone as direction would become unclear.

Related Posts:

  • USDJPY Daily Forecast: March 30
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  • USDJPY Daily Forecast: May 21
  • USDJPY Daily Forecast: March 29
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