USDJPY Daily Forecast: July 30

USDJPY Forecast
The USDJPY was indecisive last week but overall still able to maintain its bearish phase following a failure to break above 113.00 level as you can see on my daily chart below. The bias is neutral in nearest term. The inside bar bearish scenario triggered by a move below 110.75 also remains valid and can only be invalidated by a move above 111.55, with nearest bearish target seen around 110.00 region.