USDJPY Daily Forecast: May 18

USDJPY Forecast
The USDJPY had a bullish momentum yesterday after unable to break below 110.00 support, topped at 110.85 and hit 111.00 earlier today in Asian session. The bias remains bullish in nearest term testing 111.50 region. Immediate support is seen around 110.60. A clear break below that area could lead price to neutral zone in nearest term retesting 110.00 area but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.