USDJPY Forecast
The USDJPY had a bearish momentum yesterday and hit 123.60 earlier today. The bias is bearish in nearest term testing 123.25. Immediate resistance is seen around 124.00. A clear break above that area could lead price to neutral zone in nearest term testing 124.50. CCI just crossed above -100 line on H1 chart suggests potential upside pullback. Potential daily range today is seen between 123.25 – 124.50.
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The USDJPY had a bearish momentum yesterday and hit 123.60 earlier today. The bias is bearish in nearest term testing 123.25. Immediate resistance is seen around 124.00. A clear break above that area could lead price to neutral zone in nearest term testing 124.50. CCI just crossed above -100 line on H1 chart suggests potential upside pullback. Potential daily range today is seen between 123.25 – 124.50.
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USDJPY Daily Forecast: July 22
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