USDJPY Daily Forecast: February 08

The USDJPY had a moderate bullish momentum yesterday topped at 76.96 and hit 77.15 earlier today. The bias remains bullish in nearest term testing 78.27 and there area no changes in my technical outlook. Daily volatility remains relatively low and I still prefer to have a long term perspective seeing area above record low 75.56 as a buy zone expecting huge bullish reversal scenario.

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