USDJPY Forecast

The USDJPY was able to maintain its bearish intraday bias after break below range area on Friday and now struggling around 80.85 key support area. The bias is bearish in nearest term especially if price able to make a clear break below 80.85 testing 80.16 and 79.55. On my daily chart below we can see price slipped below the trend line support suggests a threat to the bullish outlook and only a clear break back above 81.30 would keep the bullish outlook intact testing 82.00 region.

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