USDJPY Forecast
The USDJPY attempted to push lower yesterday bottomed at 122.47 but closed higher at 122.95. The bias is bearish in nearest term but as long as stays above 122.00 I still prefer a bullish scenario at this phase. Immediate resistance is seen around 123.15. A clear break above that area could lead price to neutral zone in nearest term testing 123.50 – 124.00 area.
