USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 109.74 but closed lower at 109.37. Price traded higher earlier today in Asian session hit 109.73 and still able to move above 109.50 resistance area after bounced-off 108.50 – 107.50 key support area. The bias remains bullish in nearest term testing 110.00 – 110.65 region. Immediate support is seen around 109.27 (current low). A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear. Fundamental focus today will be on the US NFP. Overall I remain neutral.



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