[m.youssif]

USDJPY Forecast
The USDJPY slipped above 83.70 earlier today in Asian session but we have not seen a significant bullish momentum so far. Note that the 83.70 is a key resistance level at this phase and a bullish continuation scenario will need a convincing break above that area targeting 84.70 even higher. Immediate support at 83.40 (yesterday’s low). Break below that area could trigger further bearish pressure testing 82.84 support area.

[m.youssif]

USDJPY Forecast
The USDJPY slipped above 83.70 earlier today in Asian session but we have not seen a significant bullish momentum so far. Note that the 83.70 is a key resistance level at this phase and a bullish continuation scenario will need a convincing break above that area targeting 84.70 even higher. Immediate support at 83.40 (yesterday’s low). Break below that area could trigger further bearish pressure testing 82.84 support area.