The USDJPY continued its bullish momentum yesterday, topped at 80.37 but whipsawed to the downside earlier today hit 79.83. The bias is neutral in nearest term but overall I still prefer a bullish scenario. Immediate support is seen around 79.50. A clear break below that area could trigger further bearish pullback testing 79.00. On the upside, 80.50 area remains the nearest bullish target.
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