USDJPY Forecast
The USDJPY was corrected higher yesterday topped at 109.88 and hit 110.01 earlier today in Asian session. The bias is neutral in nearest term probably with a little bullish bias testing 110.50 area but as long as stay below the trend line resistance I remain bearish and any upside pullback should be seen as a good opportunity to sell targeting 108.00 region. Immediate support is seen around 109.50. A clear break below that area could trigger further bearish pressure testing 109.00 area.

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