USDJPY 23/05/2019
USDJPY tests the resistance area, moves above 50 EMA and EMA 100 on H1 chart. Intraday bias tends to be bullish but beware of today's correction.
For the USDJPY trading strategy based on forex technical analysis today we can look for buy signals if there is a correction to the range 110.342-110.137. The target potential is up to the range 110.468-110,672.
A break above 110,672 has the potential to be followed by a continued bullish move to the range 110.876-111.105.