The USDJPY continued its bullish intraday bias yesterday, topped at 77.72 and closed at 77.64. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 78.27. Immediate support is seen around 77.50. A clear break below that area could lead price to neutral zone in nearest term. Overall I still prefer to have a long term perspective seeing area above record low 75.56 as a buy zone expecting huge bullish reversal scenario.
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