USDJPY Forecast
The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Potential daily range remains between 123.00 – 124.50. We need a clear break from that range area to see clearer direction. My major technical outlook remains neutral. From H4 chart perspective as you can see on my H4 chart below, price is still moving above the EMA 200 suggests a bullish view.
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The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Potential daily range remains between 123.00 – 124.50. We need a clear break from that range area to see clearer direction. My major technical outlook remains neutral. From H4 chart perspective as you can see on my H4 chart below, price is still moving above the EMA 200 suggests a bullish view.
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USDJPY Daily Forecast: August 04
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