The chart says that we have a rising trendline . usdjpy still finds support near the trendline and it is also area of horizontal support for the pair.
Long positions can be opened with stoploss on 4hour candle close below the rising trend line and take profit around 113.30¥.
Long positions can be opened with stoploss on 4hour candle close below the rising trend line and take profit around 113.30¥.
A break below the trend line will open the way for a test of 109.70¥ where it will find some support on the daily chart.