USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 107.42 and hit 107.47 earlier today in Asian session. The bias is bullish in nearest term testing 108.00 – 108.50 area as a part of the bullish scenario after broke above the bearish channel as you can see on my daily chart below. Immediate support is seen around 107.00. A clear break below that area could lead price to neutral zone in nearest term testing 106.60 support area. Overall I remain neutral.

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