USDJPY Daily Forecast: August 17
USDJPY Forecast
The USDJPY was indecisive yesterday. The bias remains neutral in nearest term. Overall price is still in a bearish phase since failed to break above 113.00, but until we see a clear break below the daily EMA 200 and 110.00 support area, bearish pressures will be limited. Immediate resistance is seen around 111.15 followed by 111.55.
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-august-17-8
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