USDJPY Forecast
The USDJPY had a moderate bullish momentum yesterday topped at 120.54. The bias is bullish in nearest term testing 121.30. 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 but key support remains around 118.50. The best plan for now remains to sell around 121.30 or buy around 118.50 with a tight stop loss.