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USD JPY TRADE SETUP DOLLAR STRONGER?

FX:USDJPY   U.S. Dollar / Japanese Yen
159 3 4
USD JPY recently broke an ascending triangle in daily TF.. Still Bulls are in action..

Upside Target 128.0 handle up above all the way to 134.50 possible

Last Week thoguh EUR came stronger USD dominated at the end of the weekend ..

Agressive Entry 123.04-123.72 to 127.70
Conservative Entry 121-121.58 to up 123.72

125.0 handle Critical
BOJ's Kuroda says it's hard to see yen's real effective rate falling further
http://news.forexlive.com/!/bojs-kuroda-says-its-hard-to-see-yens-real-effective-rate-falling-further-20150610

BOJ's Kuroda: Fed rate hike may not weaken yen if already priced in
http://news.forexlive.com/!/bojs-kuroda-fed-rate-hike-may-not-weaken-yen-if-already-priced-in-20150610

For now more demand for JPY

Upcoming US data very important..

If US data good more ppl will buy USD..

Keep an eye on Chinese data as well ....
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Easing policies implemeted by the central bankers helped Asia Stocks and JPY more demand ..

If upcoming US data strong more demand for USD (investors will buy dollar)

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