USDJPY Forecast
The USDJPY attempted to push lower last week bottomed at 108.50 but closed higher at 109.49. The bias is bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 109.20. A clear break below that area could lead price to neutral zone in nearest term testing 108.80 area. On the upside, a clear break and daily close above 110.00 would resume the bullish pin bar scenario testing 111.25 region.

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