[m.youssif]

USDJPY Forecast
The USDJPY was volatile but indecisive yesterday made a Doji on daily chart. This short term volatility which probably triggered by the Korean conflict reflects no significant technical movement and price still trapped in range area of 82.84 – 83.70 and there are no changes in my daily technical outlook. The bias remains neutral in nearest term and we need a break on either side to see clearer direction. A clear break above 83.70 could trigger further bullish continuation testing 84.70 while a break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.

[m.youssif]

USDJPY Forecast
The USDJPY was volatile but indecisive yesterday made a Doji on daily chart. This short term volatility which probably triggered by the Korean conflict reflects no significant technical movement and price still trapped in range area of 82.84 – 83.70 and there are no changes in my daily technical outlook. The bias remains neutral in nearest term and we need a break on either side to see clearer direction. A clear break above 83.70 could trigger further bullish continuation testing 84.70 while a break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.