Two main points of interest here on USDJPY. Expecting for price to find support at one of these major areas. Specifically the 112.988 price area.
Comment:
Price currently seems to be respecting upwards trend line as Resistance @ 113.508. Staying cautious for break.
Comment:
Market broke resistance and opened above trend line.
Comment:
Price is currently respecting trend line as support, waiting to see where price will go from here.