USDJPY Forecast
The Usdjpy had a bullish momentum last week topped at 109.88. The bias is bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 109.00 area. A clear break below that area could lead price to neutral zone in nearest term testing 108.50/00 area. On the upside, a clear break and daily close above 110.00 would expose 111.25 area (D1 EMA 200).