USDJPY Forecast
The USDJPY had a bullish momentum yesterday and hit 120.19 earlier today. The bias is bullish in nearest term especially if price able to make a clear break above 120.20 testing 121.00/50 region. Immediate support is seen around 120.00. A clear break below that area could lead price to neutral zone in nearest term testing 119.50/00 region. Overall I remain neutral.

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By FXOpen