USDJPY Daily Forecast: January 09

USDJPY Forecast
The USDJPY was indecisive yesterday but traded lower earlier today in Asian session hit 112.49 after bounced-off the violated trend line support as you can see on my H1 chart below. The bias is bearish in nearest term testing 112.00 key support. Immediate resistance is seen around 113.18 (current high). A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.