USDJPY Forecast
The USDJPY attempted to push higher last week topped at 120.35 but whipsawed to the downside and closed lower at 118.93 on Friday after a worse than expected US NFP number. The bias is bearish in nearest term testing 118.35. Immediate resistance is seen around 119.40. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear.
