USDJPY Forecast
The USDJPY had a significant bullish momentum last week broke above 121.30/48 key resistance and hit 123.46 earlier today. The bias remains bullish in nearest term testing 124.00/50 area. Immediate support is seen around 123.00. A clear break below that area could lead price to neutral zone in nearest term testing 122.70 but overall I prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
