(Before It's News)
USDJPY Forecast
The USDJPY had another indecisive movement last week. Price slipped back above 111.30 key level after another rejection below 110.10 key support suggests a potential bullish short-term bias. The bias is bullish in nearest term testing 112.00/20 area. Immediate support is seen around 111.00. A clear break below that area could lead price to neutral zone in nearest term but key support remains at 110.10 which need to be broken to the downside to continue the bearish scenario.

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