Technician

USDJPY Buying Into Strength

FX:USDJPY   U.S. Dollar / Japanese Yen
383 3 9
Rejection on Friday resulted in a bullish hammer at trend line and horizontal support area , therefore, we may see another push higher and a test of the 61.8 retracement level for the major long term decline from 124.13-75.55 at 105.55.

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excellent chart & views
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I don't know why but tradingview charts have the all time low in USD/JPY @ 75.55 when it is actually 75.35. This puts the 61.8% fib bang on that 105.50 handle.
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I love this chart. Simple but effective. Good job Technician.
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