USDJPY Daily Forecast: August 06

USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push higher, topped at 112.15 but closed lower at 111.27. The bias is bearish in nearest term testing 110.75 support area. A clear break and daily close below that area would reactivate my bearish mode targeting 110.00 region. Immediate resistance is seen around 111.50. A clear break above that area could lead price to neutral zone in nearest term testing 112.00/15 region.