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Long

USD/JPY Short Term Outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
20 0 1
USD/JPY             has taken support at 107.59 (23.6% retracement of 105.18 and 108.34) and recovered from that level.
Trend reversal only below 107.58.
Overall trend is bullish and is expected to go up to 110.08 ( Oct             1st high).
It is good to buy around 108-108.10, SL 107.58, Target 110.08
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