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USDJPY Daily Forecast: February 12

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USDJPY Forecast
The USDJPY had a significant bullish momentum yesterday, broke above 110.00 and hit 110.64 earlier today in Asian session. The bias is bullish in nearest term testing the daily EMA 200 located around 111.00 area as a part of the bullish pin bar scenario. Immediate support is seen around 110.00 area. A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear.

usdjpydaily



Source: https://fxinstructor.com/blog/usdjpy-daily-forecast-february-12-7
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