USDJPY Forecast
The USDJPY gapped lower earlier today hit 122.09 but traded higher around 123.10 at the time I wrote this comment. The bias is neutral in nearest term probably with a little bearish bias but as long as stays above 122.00 my bullish outlook remain intact. Immediate resistance is seen around 123.50. A clear break above that area could trigger further bullish pressure testing 124.00/50 region.
