USDJPY Forecast
The USDJPY was corrected higher yesterday and hit 118.03 earlier today. The bias is bullish in nearest term especially if price able to make a clear break above 118.00 testing 118.80 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell targeting 116.00 region. Immediate support is seen around 117.25. A clear break below that area could lead price to neutral zone in nearest term testing 116.70 area.
