USDJPY Daily Forecast: February 27

USDJPY Forecast

The USDJPY was indecisive yesterday. The bias is neutral in nearest term. I still prefer a bullish scenario but price is still in consolidation phase with potential bearish correction testing 90.20. On the upside, we need a clear break and daily close at least back above 92.70 to keep the bullish scenario remains strong testing 94.00 – 95.00 area or higher.