USDJPY Daily Forecast: August 09

USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 110.83 and slipped below 110.75 earlier today in Asian session. The bias is bearish in nearest term testing 110.00 area. Immediate resistance is seen around 111.00. A clear break above that area could lead price to neutral zone in nearest term testing 111.55 area or higher.