USDJPY Forecast

The USDJPY had a bullish momentum yesterday, topped at 77.99 and closed at 77.94. The bias is bullish in nearest term testing 78.20/50 area. Immediate support is seen around 77.50. A clear break back below that area could lead price to neutral zone in nearest term but overall I still prefer a bullish scenario after hit the record low, looking for a bullish reversal scenario.

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