The USDJPY had a bearish momentum yesterday, hit 96.81 earlier today but traded higher around 97.47 at the time I wrote this comment. The bias remains bearish in nearest term testing 95.80. Immediate resistance is seen around 97.59 (current high). A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 99.00 I still prefer a bearish scenario at this phase.
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