USDJPY Forecast
The USDJPY continued its bullish momentum yesterday and hit 124.19 earlier today. The bias remains bullish in nearest term testing 124.30. A clear break above that area could trigger further bullish pressure testing 125.00 region. Immediate support is seen around 123.95. A clear break below that area could trigger further bearish pullback testing 123.50 – 122.90 region. Potential daily range today remains between 122.90 – 124.30.
