USDJPY Forecast
The USDJPY had another indecisive movement yesterday. There are no changes in my technical outlook. 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.
