USDJPY Daily Forecast: May 22

USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 111.39 but closed lower at 111.03, printed a bearish bin bar as you can see on my daily chart below. Overall I remain bullish but need a clear break above 111.50 to resume the bullish run targeting 112.75 area. The bias is neutral in nearest term. Immediate support is seen around 110.60. A clear break below that area would give further confirmation to the bearish pin bar scenario testing 110.00 region.