USDJPY is halted by the support area at 112.579-112.317. The mid-term trend remains sideways. Therefore, my plan is to go buy on USDJPY on bullish signal confirmation on a pull-back move to within the support area with 112.871 as target and 113.002 in extension.

Be careful if the market managed to break below 112.317 because it will turn the bias to bearish and possibly will push USDJPY down to 112.055-111.762.

Plan: Buy on bullish setup confirmation within 112.579-112.317; target at 112.871 or 113.002


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