USDJPY Forecast:

The USDJPY made indecisive movement yesterday. Once again, the trendline resistance area (blue) did a good job preventing further bullish pressure and keep the bearish scenario intact. The bias remains bearish in nearest term targeting 87.10 area, but we need a consistent move below 88.22 to confirm the bearish continuation. The trendline resistance and 89.05 area should remains a key resistance at this phase.