USDJPY Forecast:

The USDJPY attempted to push lower yesterday, bottomed at 83.67 but further bearish pressure was rejected and closed higher at 84.43. Potential range area at 84.82 – 83.59 but still within a major bearish scenario. Break above 84.82 could trigger further upside pressure but only a move above the trend line resistance could be a serious threat to the current bearish outlook.

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