USDJPY Daily Forecast: July 11

USDJPY Forecast
The USDJPY was indecisive yesterday. Price attempted to push higher topped at 111.35 but closed a little bit lower at 111.00. The bias is neutral in nearest term probably with a little bullish bias testing 111.40 region but note that we have a key/major resistance around 112.00 region which is a good place to sell. Immediate support is seen around 110.75. A clear break below that area could trigger further bearish pressure testing 110.28 and the trend line support as you can see on my H1 chart below.