USDJPY Forecast

The USDJPY didn’t make significant movement yesterday, but overall still able to maintain its intraday bullish bias. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 80.23. Immediate support is seen around 79.50/20. A clear break below that area could lead price to neutral zone in nearest term but overall I still prefer a bullish scenario at this phase expecting huge bullish reversal scenario after hit the record low four months ago.

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