ichimokucharts

USDJPY - Potential for move to PP resistance at 110.44

FX:USDJPY   U.S. Dollar / Japanese Yen
* Potential for move to PP resistance at 110.44 if PP mid line support at 109.21 holds
* Fast and medium term trends (price below TS and KS) are up whilst long term is negative (below kumo)
* Last completed candle is in a 1st term time frame down trend and moderately negative with some short term net negative momentum
* Current candle is bouncing off PP support at 109.21
* Watch TS support if PP breached
* Target at R1 PP resistance at 110.443 if buyers close in control at end of current session

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