USDJPY Forecast
The USDJPY failed to continue its bearish momentum yesterday topped at 113.45 and hit 113.68 earlier today. This fact keeps the double bottom bullish scenario remains strong. The bias is bullish in nearest term testing 114.00/50 area. Immediate support is seen around 113.15. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear.

usdjpydaily

By FXOpen