USDJPY remains in bullish bias. A correction move has occurred to within support area at 112.368-112.625. I plan to look for bullish setup within the support area to go long with 112.783 as target and 113.039 in extension.

Be careful if the market managed to break the support 112.368 because it will turn the intraday bias to bearish and possibly will push USDJPY down to 112.210-111.954.

Plan: Buy within 112.368-112.625; target at 112.783 or 113.039

USDJPY Chart:

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.