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USDJPY Daily Forecast: October 03

Sunday, October 2, 2016 20:14
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USDJPY Forecast
The USDJPY was indecisive last week formed a Doji on weekly chart. The double bottom bullish scenario as you can see on my H1 chart below remains valid, but overall I remain bearish. The bias is neutral in nearest term probably with a little bullish bias testing 102.00/20 region. Immediate support is seen around 100.80. A clear break and daily close below that area would be a threat to the double bottom bullish scenario retesting 100.10 key support.


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