[m.youssif]

USDJPY Forecast
The USDJPY attempted to push lower yesterday, bottomed at 81.81 but closed higher at 82.41 after “landed” perfectly at the trend line support as you can see on my h4 chart below. The bias is neutral in nearest term but overall pressure remains bearish. We need a clear break below the trend line support and 81.81 to continue the bearish scenario testing 80.00 region. Immediate resistance at 82.80. Break above that area could trigger further upside pullback testing 83.50.

[m.youssif]

USDJPY Forecast
The USDJPY attempted to push lower yesterday, bottomed at 81.81 but closed higher at 82.41 after “landed” perfectly at the trend line support as you can see on my h4 chart below. The bias is neutral in nearest term but overall pressure remains bearish. We need a clear break below the trend line support and 81.81 to continue the bearish scenario testing 80.00 region. Immediate resistance at 82.80. Break above that area could trigger further upside pullback testing 83.50.