USDJPY Forecast
The USDJPY had another indecisive movement yesterday. Price slipped below 122.00 but still unable to make a clear break below that key support. The bias is neutral in nearest term probably with a little bullish bias testing 123.00/50 resistance area. On the downside, a clear break and daily close below 122.00 would activate my bearish mode with nearest target seen around 120.00 area.