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Long

USD/JPY First indication of bullish breakout (Nikita FX )

FX:USDJPY   U.S. Dollar / Japanese Yen
1034 0 9
USD/JPY             has failed its forming Super H&S RS             (Right Shoulder:109.50--110.00 )
Daily & Weekly close was above 110.00 last week. This situation means bullish breakout
thru Green Wedge upper line & Black Wolfe Resistance Line.

I would say USD/JPY's bullish Reversal is confirmed if 111.89 would be breached.

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