USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 107.01 and hit 107.47 earlier today in Asian session. The bias remains bullish in nearest term testing 108.00 – 108.50 area. Immediate support is seen around 106.75 (former resistance). A clear break below that area could lead price to neutral zone in nearest term testing 106.00. My major technical outlook remains bearish but only a clear break back at least below 105.50 could interrupt the current bullish correction bias.


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