USDJPY Forecast

The USDJPY was indecisive yesterday and make no significant technical movement so far. There are no changes in my daily technical outlook. Price still trapped in range area of 82.20 – 81.30 and need a clear break on either side to see clearer direction. A clear break above 82.20 could trigger further bullish scenario testing 83.30. On the other hand, a clear break below 81.30 could trigger further bearish pullback testing the trend line support and 80.85 support area. As long as price stays below the trend line support I still prefer a bullish intraday bias with buy on dip strategy.

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