USDJPY Forecast
The USDJPY attempted to push lower yesterday bottomed at 119.33 but whipsawed to the upside and hit 120.08 earlier today. The bias remains bullish in nearest term testing 120.35 – 121.00 area. Immediate support is seen around 119.70. A clear break below that area could lead price to neutral zone in nearest term testing 119.50 – 119.00.

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By FXOpen