FX:USDJPY   U.S. Dollar / Japanese Yen

Now USDJPY has been looking bearish of recent however it has shown that bulls are in full control from the daily to the shorter time frames, this has been established well after first breaking 110.684 and then breaking 111.390.

Price is currently pulling back and bulls could start rallying the price at 111.438 - 111.320. A break of the bearish Trend Line would be another point where bulls take more control.

However if price dont respect between 111.438 - 111.320 and breaks my bullish trend line and price action continues bullish then we could possibly see price respect 111.229 - 111.199.
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