USDJPY 01/07/2019
USDJPY today moves in a bullish bias, seen when this analysis is made price is undergoing a correction.
For the USDJPY trading strategy based on forex technical analysis today we can look for buy signal confirmation if the resistance at 108,490 breaks with the target at 108.709 - 108,955.
Buy opportunities can also be taken if there is a correction to the area of 108.135 - 107,915. The target potential is up to the range 108,269 - 108,490.
Be careful if the price breaks below 107,915 because it will potentially frustrate this bullish scenario.