[m.youssif]

USDJPY Forecast
The USDJPY attempted to push higher earlier today in Asian session, topped at 81.41 but quickly fell around 80.65 at the time I wrote this comment. The bias is bearish in nearest term testing 80.24 – 79.70. Immediate resistance at 80.85. Another move back above that area could lead us to neutral zone in nearest term as direction would become unclear but only a break above 81.95 could be a serious threat to the current strong bearish outlook.

[m.youssif]

USDJPY Forecast
The USDJPY attempted to push higher earlier today in Asian session, topped at 81.41 but quickly fell around 80.65 at the time I wrote this comment. The bias is bearish in nearest term testing 80.24 – 79.70. Immediate resistance at 80.85. Another move back above that area could lead us to neutral zone in nearest term as direction would become unclear but only a break above 81.95 could be a serious threat to the current strong bearish outlook.