USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 111.99 and hit 112.07 earlier today in Asian session. The bias is bullish in nearest term especially if price able to make a clear break above 112.15 testing 112.50 – 113.00 resistance area. Immediate support is seen around 111.65. A clear break below that area could lead price to neutral zone in nearest term testing 111.00 region but as long as stay above the trend line support price is still in a valid bullish outlook.

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