VANTAGE:USDJPY   U.S. Dollar / Japanese Yen

Intraday - We look to Buy at 135.52 (stop at 134.72)

Bespoke support is located at 135.50. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We expect a reversal in this move. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.

Our profit targets will be 137.29 and 138.00

Resistance: 137.30 / 139.00 / 145.00
Support: 135.50 / 132.00 / 126.70

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