USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 124.45 but closed lower at 123.93 and hit 123.68 earlier today. The bias remains bullish in nearest term testing 125.00 area. Immediate support is seen around 123.50. A clear break below that area could lead price to neutral zone in nearest term testing 123.00 or lower but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.

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By FXOpen