USDJPY Daily Forecast: July 31

USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. There are no changes in my technical outlook. Price has been moving back and forth in a 100-pip range area since last week. The bias remains neutral in nearest term. The inside bar bearish scenario triggered by a move below 110.75 remains valid and can only be invalidated by a move above 111.55, with nearest bearish target seen around 110.00 region.