USDJPY Daily Forecast: February 22

USDJPY Forecast

The USDJPY slipped below 93.00 yesterday but still unable to make a clear movement below that area so far. The bias is neutral in nearest term. Overall I still prefer a bullish scenario. On the downside, a clear break and daily close below 93.00 could trigger further bearish pullback testing 92.50/00. On the upside, we need a clear break and daily close above 94.00 to keep the bullish scenario remains strong testing 94.50 – 95.00.