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USDJPY Daily Forecast: July 31

USDJPY Daily Forecast: July 31
Tuesday, July 31st, 2018 @ 2:33 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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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.

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