USDJPY Forecast

The USDJPY attempted to push lower on Friday bottomed at 76.56 but closed a little bit higher at 76.87. The bias is neutral in nearest term but as long as stays below 77.80 I still prefer a bearish intraday scenario at this phase with short on rallies strategy and only a clear break and daily close back above 77.80 could stop the current bearish intraday outlook.

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