The USDJPY had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 111.50 region. Immediate resistance remains around 112.80.
A clear break above that area could lead price to neutral zone in nearest term testing 113.50 area but key resistance is seen around 114.50 which remains a good place to sell.
Overall price is still trapped inside a range area without a clear direction as you can see on my daily chart below.
USDJPY, Daily
Origin: FXOpen
