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Mihai_Iacob

UsdJpy building upside momentum

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USA-dollar/Japansk yen (FX:USDJPY)  
Mihai_Iacob  
FX:USDJPY   USA-dollar/Japansk yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpylong usdjpyanalysis usdjpydaily usdjpybuy usdjpyforecast usdjpylongsetup usdjpyidea usdjpysignal
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trendanalysis chartpattern indicator usdjpy usdjpylong usdjpyanalysis usdjpydaily usdjpybuy usdjpyforecast usdjpylongsetup usdjpyidea usdjpysignal
After 103.20 low, UsdJpy has risen aggressively and reversed 250 pips in one day. Either is BoJ intervention or just the market, 103 is very strong support now.
Now the pair looks like is building upside momentum and a break above 105 would signal a change of trend.
I'm bullish as long as 103 is intact
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