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USDJPY Daily Forecast: July 29

Share It:: 07/28/2553 08:21

USDJPY Forecast:
The USDJPY failed to continue its bullish correction yesterday. On h1 chart below we can see that price is now testing the trendline support indicating critical phase. Break below the trendline support could trigger further bearish pressure testing 86.82/33 region and could potentially end the upside correction. Immediate resistance at 88.23/11 area.

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History

07/28/2553	USDCHF Daily Forecast: July 29
07/28/2553	EUR/USD Daily Review 28 Jul 10
07/27/2553	EURUSD Daily Forecast: July 28
07/27/2553	Daily Forecast for Crosses: July 28
07/27/2553	GBPUSD Daily Forecast: July 28

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