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USDJPY Daily Forecast: January 22

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USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 109.00 area. A clear break below that area could lead price to neutral zone in nearest term testing 108.50/00 area. On the upside, a clear break and daily close above 110.00 would expose 111.25 area (D1 EMA 200).



Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-january-22-7



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