The 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
