USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 119.42 but closed lower at 119.09. The bias is neutral in nearest term. Potential daily range is seen between 119.50 – 118.80. A clear break above 119.50 could trigger further bullish pressure testing 120.00/35. On the other hand, a clear break below 118.80 could trigger further bearish pressure testing 118.00 key support.
