A lot of traders were expecting Bearish scenario for USDJPY, but as you see, it is failed.
And nevertheless we are green on W, D and 4h.
We have been trading in range for a while (111.622 - 115.444), if we will copy the projection of this range above - target will be 119.226 what is above dynamic trend line. What give possible chance to break this TL.
I will be anticipating this scenario if price will close above 115.444.
Great analysis and comment