USDJPY Forecast
The USDJPY had a bullish momentum yesterday and hit 124.17 earlier today. The bias is bullish in nearest term testing 124.50. Immediate support is seen around 123.80. A clear break below that area could lead price to neutral zone in nearest term testing 123.00. Potential daily range today is seen between 123.00 – 124.50. My major technical outlook remains neutral.