USDJPY Daily Forecast: December 27

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By swibowo | December 27, 2013 6:21 PM EST

Fx Instructor

USDJPY Forecast

The USDJPY had a bullish momentum this week and hit another fresh high earlier today at 105.03. The bias remains bullish in nearest term testing 106.00. Immediate support is seen around 104.65. A clear break below that area could lead price to neutral zone in nearest term testing 104.30 – 103.70 but any downside pullback now is normal and overall I remain bullish.

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