FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY May Rise 50-100 pips
Insight - Price has moved further up the ascending triangle and hit resistance at 111.53 if price brakes out of the channel price will hit or push support at 109.17
Intraday -  4H

Trade: Buy
Buy or Above 111.53
Entry 111.76
Target TP: 112.27  & 113.17
Pivot and Support  109.17

Alternative scenario:

Sell  or Below: 110.66
Target TP: 109.90 & 109.89