USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 108.75 and hit 108.86 earlier today in Asian session. The bias remains bullish in nearest term testing the daily EMA 200 located around 109.50 as a part of the bullish phase after broke above the bearish channel as you can see on my daily chart below. Immediate support is seen around 108.25. A clear break below that area could lead price to neutral zone in nearest term but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. My major technical outlook remains neutral.

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