USDJPY remains in upward trajectory as seen on hourly and H4 chart. Note that stochastic is still overbought on hourly chart and H4 chart.

My plan is still long on USDJPY today on bullish signal confirmation on a pull-back move to within the confluence zone at 108.535-108.016, with 108.855 as target or 109.175 in extension.

Be careful if the market managed to break below 108.016 because it will turn the bias to bearish and possibly will push USDJPY down to 107.818-107.498.

Plan: LONG on bullish signal confirmation within 108.535-108.016; target at 108.855 or 109.175

USDJPY-23-April-2018

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