USDJPY Forecast
The USDJPY had another indecisive movement yesterday. As you can see on my H1 chart below, price is moving inside my “buy zone” area which is a good place to buy with a tight stop loss targeting 124.00/50. On the downside, a clear break and a daily close below 122.70 could trigger further bearish pressure testing 122.00 or lower.

usdjpyhourly

By FXOpen