USDJPY Forecast:

The USDJPY didn’t make significant movement on Friday. However, on h1 chart below you can see that price is moving above both the major trendline support (white) and the trendline resistance (red) indicating potential upside pressure testing 91.80 – 92.20 region. Immediate support at 90.50. Break below that area could be seen as bullish failure and may trigger further bearish scenario re-testing 89.00 region.

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