USDJPY Daily Forecast: August 10

USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push lower slipped below 110.75 key support area but closed higher at 111.08. The bias is neutral in nearest term probably with a little bullish bias testing 111.55 region. On the downside, 110.75 remains a key support which need to be clearly broken to the downside to reactivate my bearish mode testing 110.00 area or lower. On the upside, a clear break and daily/weekly close above 111.55 would retest 112.00 – 113.00 area next week.