USDJPY Forecast

The USDJPY continued its strong bullish momentum yesterday, topped 83.89 and hit 84.17 earlier today. The bias remains bullish in nearest term testing 85.00/50 area. Immediate support is seen around 83.50. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and overall I still prefer a bullish scenario at this phase.

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