USDJPY Forecast
The USDJPY was indecisive yesterday. Price traded lower earlier today hit 119.52. The bias is bearish in nearest term testing 119.00. Immediate resistance is seen around 120.00. A clear break above that area could lead price to neutral zone in nearest term testing 120.65. Potential daily range today is seen between 119.00 – 120.65. I prefer a bearish scenario at this phase.
