USDJPY Forecast
The USDJPY had a bullish momentum last week topped at 121.31 but still unable to stay consistently above 121.00 so far. The bias is neutral in nearest term probably with a little bearish bias testing 120.00 – 119.60 support area. On the upside, a clear break and daily close above 121.30 could trigger further bullish pressure testing 121.70 key resistance. Potential daily range today is seen between 119.60 – 121.30.
