USDJPY Forecast
The USDJPY attempted to push lower yesterday bottomed at 118.32 but whipsawed to the upside and closed higher at 119.16. The bias is bullish in nearest term testing 119.60 – 120.00 area. Immediate support is seen around 119.00. A clear break below that area could lead price to neutral zone in nearest term testing 118.50 – 118.30 support area.