USDJPY Forecast
The USDJPY had a bullish momentum last week topped at 111.77. The bias is bullish in nearest term testing 112.20 as a part of the bullish scenario after broke above the trend line resistance as you can see on my H1 chart below. Immediate support is seen around 111.20. A clear break below that area could lead price to neutral zone in nearest term testing 110.85 area which is a good place to buy with a tight stop loss.

usdjpyhourly

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One thought on “USDJPY Daily Forecast: May 01”

  1. Teboho Faro says:

    Great analysis. sweet and short

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