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USDJPY Daily Forecast: August 25

USDJPY Forecast
The Usdjpy had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bullish bias. Immediate support remains around 99.95. A clear break below that area could trigger further bearish Pressure Testing 99.50 key support. Immediate resistance remains around 100.60. A clear break above that area could trigger further bullish pressure testing 101.15 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.

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 25

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