USDJPY Daily Forecast: January 24
USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 110.00 but closed lower at 109.59. The bias is neutral in nearest term. Immediate support is seen around 109.00. A clear break and daily close below that area could trigger further bearish pressure testing 108.50 – 108.00 region. Immediate resistance is seen around 110.00 which remains a good place to sell. A clear break and daily close above 110.00 would target 111.25 area (D1 EMA 200).
Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-january-24-7
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