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USDJPY Daily Forecast: August 09

USDJPY Forecast
The Usdjpy had a bullish momentum yesterday topped at 102.65. The bias remains bullish in nearest term testing 102.80 – 103.50 region which is a good place to sell. Immediate support is seen around 102.25/00. A clear break below that area could lead price to neutral zone in nearest term testing 101.65/50 region. Overall I remain bearish.

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: August 09

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