USDJPY Forecast:

The USDJPY bullish correction was paused yesterday. The pair attempted to push higher, topped at 90.45 but closed lower at 89.78. I think this is a normal movement but. My key support area for today remains at  89.60/30 area. As long as the pair able to move above that area, I believe we will see further bullish correction re-testing 90.40 even 91.50 area. However, a failure to consistently move above that support area should be seen as potential threat to the bullish correction re-testing 88.22 area. CCI just cross the 100 line down on h4 chart suggesting potential downside pressure.