The USDJPY had a bearish momentum yesterday and hit 96.56 earlier today but traded higher around 97.05 at the time I wrote this comment. Price is struggling at the trend line support as you can see on my daily chart below. The bias is neutral in nearest term probably with a little bullish bias testing 97.50. On the downside, a clear break and consistent movement below the trend line support and 96.80/50 would activate my bearish mode.
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