USDJPY Forecast
The USDJPY had a bearish momentum last week slipped below 110.96 but still unable to make a clear break and consistent move below that area so far. The bias remains bearish in nearest term especially if price able to make a clear break and daily close below 110.96 targeting 110.00 or lower. Immediate resistance is seen around 111.75. A clear break above that area could lead price to neutral zone in nearest term testing 112.50 region or higher.
