USDJPY Daily Forecast: December 28

USDJPY Forecast
The USDJPY had another insignificant movement yesterday. The bias remains neutral in nearest term. Immediate support is seen around 113.05 – 112.80 region and the trend line support as you can see on my H1 chart below. A clear break below that area could trigger further bearish pressure testing 112.35 – 111.65 area. Immediate resistance is seen around 113.75 which remains a good place to sell with a tight stop loss as a clear break and daily close above that area would expose 114.50 key resistance. Overall I remain neutral.