Johanes

JLS USDJPY Med Term Target Zone 106.50-112.50-117.50

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY heading back to 117.50 from 106.50 with possible pause at central parity 112.50. Large pullback at 112.50 could be seen by the strengthening of USD against major pairs. Long/buy likely good by two tranches to look for 1x550 PIPs plus 1x 750 PIPs, including pullback. The upward lifting the JPY-pegged pairs to upward to their central parities/central bands (NZDJPY, CADJPY, AUDJPY, GBPJPY, EURJPY and CHFJPY)
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