USDJPY
The USDJPY had a bearish momentum yesterday and hit 97.83 earlier today but traded higher around 98.45 at the time I wrote this comment. The bias remains bearish in nearest term testing 97.60/50 support area which need to be clearly broken to the downside to continue the bearish scenario. Immediate resistance is seen around 98.58 (current high). A clear break above that area could lead price to neutral zone in nearest term but only a clear break above 99.00 could interrupt the current bearish outlook.
