USDJPY remains in bullish bias. A pull-back move has occurred to within the confluence zone at 112.156-112.829. MA are still rising on 4-hours chart. My plan is long on USDJPY on bullish signal confirmation within the confluence zone with 113.244 as target and 113.665 in extension.
Be careful if the market managed to break below 112.156 because it will turn the bias to bearish and possibly will push USDJPY lower to 111.899-111.484.
Plan: Buy on bearish setup confirmation within 112.156-112.829; target at 113.244 or 113.665