USDJPY Forecast:

The USDJPY bullish correction was stopped yesterday as the pair hit daily low at 92.02 and closed at 92.28. The inverse H&S failed to make further bullish correction and we are now seem to ready to continue the bearish scenario. However, we have a good support around 91.80 area. Break below that area should trigger further weakness for the Dollar testing 90.70 area. Immediate resistance is seen at 92.40/60 area. Break above that area should lead us into no trading zone.