USDJPY Daily Forecast: June 02 2016

USDJPY Daily Forecast: June 02 2016

2 June 2016, 05:25
Roberto Jacobs
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USDJPY Daily Forecast: June 02 2016

USDJPY Forecast
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.

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