FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY May rise 50-100 pips
Insight - Price has broken out of the ascending channel s hit support at 109.02 Price is likely to reverse to hit resistance at 110.06

Intraday - 4H
Trade: Buy
Buy or Above111.63
Target TP: 110.06 & 110.71
Pivot and Support 109.02

Alternative scenario:

Trade: Sell
Sell or Below: 109.02
Target TP: 108.19 & 107.42