USDJPY Daily Forecast: May 20 2016

USDJPY Daily Forecast: May 20 2016

20 May 2016, 06:51
Roberto Jacobs
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USDJPY Daily Forecast: May 20 2016

USDJPY Forecast

The USDJPY was indecisive yesterday but overall still able to maintain its bullish bias. The bias remains bullish in nearest term testing 110.65. Immediate support remains around 119.50. A clear break below that area could lead price to neutral zone in nearest term but as long as stay inside the bullish channel price is still in a bullish phase.

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