USDJPY Forecast
The USDJPY had a bullish momentum earlier today hit 122.15. The bias is neutral in nearest term probably with a little bullish bias testing 122.20 area which is a good place to sell with a tight stop loss targeting 120.50 – 119.50 region. On the upside, a clear break above 122.20 and the H4 EMA 200 would activate my “wait and see” mode as direction would become unclear.

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By FXOpen