USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 120.50. A clear break below that area could trigger further bearish pressure testing 120.00 (daily EMA 200). Immediate resistance is seen around 121.25. A clear break above that area could trigger further bullish pressure testing the trend line resistance and 122.25 region which is a good place to sell.
