USDJPY Daily Forecast: January 29

USDJPY Forecast

The USDJPY was corrected lower yesterday bottomed at 90.39 but overall still able to maintain its bullish bias. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 91.50 – 92.00. Immediate support is seen around 90.20/00. A clear break below that area could lead price to neutral zone in nearest term testing 89.50 but any downside pullback now is normal and overall I remain bullish.