USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. I prefer a bearish scenario, but need a clear break and daily close below 122.20 to confirm the bearish scenario testing 121.50 or lower. On the upside, 123.60 remains a key resistance. A clear break above that area could trigger further bullish pressure testing 124.00/50 region.
