USDJPY Forecast
The USDJPY had a moderate bullish momentum yesterday topped at 119.95. The bias is bullish in nearest term testing 120.30 before testing 121.30 as a part of the false break (below 118.50) bullish scenario. Immediate support is seen around 119.50. A clear break below that area could lead price to neutral zone in nearest term testing 119.00 – 118.50 area. Buying around 118.50 or sell around 121.30 remains the best plan for now.
