USDJPY Daily Forecast: June 02 2016
The USDJPY had a bearish momentum yesterday bottomed at 109.05. The bias is bearish in nearest term especially if price able to make a clear break below 109.10 targeting 107.70 this week. Immediate resistance is seen around 110.00 area. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear.