USDJPY Daily Forecast: August 20
USDJPY Forecast
The USDJPY was indecisive last week. The bias is neutral in nearest term probably with a little bearish bias testing 110.00 key support area. A clear break and daily close below 110.00 would reactivate my bearish mode with nearest target seen at 109.35/00 region. Immediate resistance is seen around 110.75. A clear break above that area could trigger further bullish pressure testing 111.55 region.
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-august-20-7
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