USDJPY Daily Forecast: March 29

USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 107.00. The bias is bullish in nearest term testing 107.50 area. Immediate support is seen around 106.30. A clear break below that area could lead price to neutral zone in nearest term testing 105.90 region but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 107.50 would expose 108.25 or higher. Overall I remain neutral.