USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 106.94. The bias remains bullish in nearest term testing 107.50 but as you can see on my H4 chart below price is in my “sell zone” with a tight stop loss above 107.50. Immediate support is seen around 106.00. A clear break below that area could lead price to neutral zone in nearest term testing 105.50 or lower.

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