USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 110.16. The bias is bullish in nearest term but note that 110.00 region remains a good place to sell. Immediate support is seen around 109.70. A clear break below that area could lead price to neutral zone in nearest term testing 109.40 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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