USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 112.67 and hit 112.73 earlier today in Asian session. The bias remains bullish in nearest term testing 113.00/15 area. Immediate support is seen around 112.00. A clear break below that area could lead price to neutral zone in nearest term testing 111.60/00 key support area which remains a good place to buy with a tight stop loss as a consistent movement below the trend line support and 111.00 not only would invalidate the major bullish outlook but could be the earliest stage of a bearish reversal scenario.


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