USDJPY Daily Forecast: April 27

USDJPY Forecast
The USDJPY was indecisive yesterday. The bias remains bullish in nearest term testing the daily EMA 200 located around 109.50 area which could be a good resistance at this phase and need to be clearly broken to the upside to resume the bullish phase targeting 110.50. Immediate support is seen around 109.00. A clear break below that area could lead price to neutral zone in nearest term testing 108.50 area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.