USDJPY Forecast
The USDJPY had a strong bullish momentum yesterday broke above 122.00 and hit 123.31. The bias remains bullish in nearest term testing 124.00/50. Immediate support is seen around 122.80. A clear break below that area could lead price to neutral zone in nearest term testing 122.50/00 but overall I prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
