USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 123.71 but whipsawed to the downside and hit 122.79 earlier today. The bias is bearish in nearest term testing 122.00. Immediate resistance is seen around 123.20. A clear break above that area could lead price to neutral zone in nearest term testing 123.70 – 124.00 area. As long as stays above 122.00 my major bullish outlook should remain valid.
