USDJPY Daily Forecast: March 23

jpy_3_newsThe USDJPY continued its bullish momentum yesterday topped at 112.49. The bias remains bullish in nearest term testing 113.00 or higher. Immediate support is seen around 111.95.

A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 110.96 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

USDJPY, Daily Forecast

Origin: FXOpen

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