The USDJPY was indecisive last week. Price slipped below 116.00, but closed higher at 116.94 and hit 117.43 earlier today in Asian session. This fact could create a false breakdown bullish scenario and keep the major bullish outlook remains valid. The bias is bullish in nearest term testing 118.00/60 area. Immediate support is seen around 116.80. A clear break below that area could lead price to neutral zone in nearest term retesting 116.00 support area.
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