The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456.
From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way. Let's see!
We wish you a relaxed weekend.