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USDJPY Daily Forecast: December 22

USDJPY Forecast
The Usdjpy was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 118.20 area. A clear break above that area could trigger further bullish Pressure Testing 118.66 or higher. Immediate support is seen around 117.10. A clear break below that area could trigger further bearish pressure testing 116.50/00 but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.

usdjpyhourly



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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USDJPY Daily Forecast: December 22

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