USDJPY Forecast
The USDJPY was indecisive yesterday. The bias remains bearish in nearest term testing 118.00. Immediate resistance remains around 119.60. A clear break above that area could lead price to neutral zone in nearest term testing 120.00 region but overall I still prefer a bearish scenario at this phase. Potential daily range today remains between 118.00 – 119.60.

usdjpyhourly

By FXOpen