USDJPY Daily Forecast: April 07 2016
USDJPY Forecast
The USDJPY continued its bearish momentum yesterday and hit 109.15 earlier today. The bias remains bearish in nearest term testing 108.50 area. Immediate resistance is seen around 110.00. A clear break above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
