USDJPY Forecast
The USDJPY attempted to push higher yesterday slipped above 121.00 but closed lower at 120.43. The bias is neutral in nearest term probably with a little bearish bias testing 119.60 support area. Overall I still prefer a bearish scenario at this phase but need a clear break at least back below 119.60 to keep the bearish scenario intact. Potential daily range today remains between 119.60 – 121.00.
