USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. The bias remains bullish in nearest term but note that we need a clear break above 112.15 to resume the bullish run testing 112.80 – 113.00 region. Immediate support is seen around 111.66 (current low). A clear break below that area could lead price to neutral zone in nearest term testing 111.00 support area but as long as stay above the trend line support I still prefer a bullish scenario at this phase.

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