USDJPY Forecast

The USDJPY had a bearish momentum yesterday and slipped below 76.21 earlier today in Asian session. My short term bias turn bearish now but note that we need a clear break and daily close below 76.21 to continue the bearish scenario testing 75.00 area. Immediate resistance is seen around 76.50. A clear break back above that area could lead price to neutral zone in nearest term and keep price inside the range area a little bit longer.

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