. There is still a possibility of temporary retracement to suggested resistance line (109.19). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 63.
TP1= @ 108.67
TP2= @ 108.18
TP3= @ 107.00
SL: Break Above R2