USDJPY Forecast:

The USDJPY had indecisive movement yesterday. On h4 chart below we can see that price slipped below my 89.40 area, bottomed at 89.28 but this was just a false breakdown before price reverse to the upside and found resistance at my trendline resistance (yellow). Although the bias should remains bearish technically, high volatile market with no clear direction can be seen should keep us away from the market. On the downside, we still need a consistent break below 89.40 to continue bearish scenario targeting 88.80. On the upside, the trendline resistance should be a good resistance that keep the bearish scenario intact.