USDJPY Daily Forecast: May 10 2016
The USDJPY had a bullish momentum yesterday topped at 108.60 and hit 108.82 earlier today. The bias is bullish in nearest term testing 109.00 area before targeting 110.65. Immediate support is seen around 108.25. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 107.60 price is still in a bullish correction phase.