USDJPY Forecast
The USDJPY was corrected lower yesterday bottomed at 110.93 but traded higher earlier today in Asian session hit 111.35. The bias is bullish in nearest term testing 111.55 – 112.15 region. Immediate support is seen around 111.00. A clear break below that area could lead price to neutral zone in nearest term testing 110.50 area but as long as stay above the daily EMA 200 and 110.00 area I prefer a bullish bias at this phase.

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