USDJPY

USDJPY is still trading above an important support level on the daily. As long as the price remains above 133.75, we are still likely to see sharp upward movements. A possible medium-term bullish scenario up to the 137 band may come to the fore as long as it remains above 133.75. Support: 133.76 – 133.48 Resistance: 135.14 – 137.17