USDJPY Daily Forecast: February 20
USDJPY Forecast
The USDJPY had another insignificant movement yesterday. The bias remains bearish in nearest term testing 110.00 region. A clear break and daily close below that area could trigger further bearish pressure testing 109.50/00 region or lower. On the upside, a clear break and daily close above 111.00 (D1 EMA 200) would resume the bullish pin bar scenario testing 112.00/20 area or higher.
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-february-20-7
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