USDJPY Forecast
The USDJPY surprisingly had a strong bearish momentum yesterday bottomed at 122.44. The bias is bearish in nearest term testing 122.00 – 121.80 key support area. Immediate resistance is seen around 123.50. A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish scenario alive and kicking testing 124.00 or higher.
