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USDJPY Daily Forecast: January 11

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USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 107.60 area. A clear break below that area could trigger further bearish pressure testing 107.00 region. Immediate resistance is seen around 109.00. A clear break and daily/weekly close above that area would resume the bullish pin bar scenario testing 110.00 region which remains a good place to sell.

usdjpydaily



Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-january-11-8
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