The Usdjpy was indecisive last week. Price attempted to push lower bottomed at 116.54 but closed a little bit higher at 117.34. The bias is neutral in nearest term but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy. Immediate support is seen around 116.50 followed by 116.00. Immediate resistance is seen around 117.50 followed by 118.00/20.
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