USDJPY Forecast
The USDJPY was corrected lower yesterday bottomed at 124.28. The bias is bearish in nearest term testing 123.50 but overall I remain bullish and any downside pullback now should be seen as a good opportunity to buy. Immediate resistance is seen around 125.00. A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish scenario remains strong testing 126.00 area.

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By FXOpen