USDJPY is on the MA200 (1d) on top of the Rising Support Zone. That is the bottom layer of the long term Bullish Megaphone pattern, a very strong rebound range.
Trading Plan: 1. Buy on the current market price and as long as the price stays on the Support Zone.
Targets: 1. 151.980 (Resistance 1, the previous High).
Tips: 1. The RSI (1d) has formed a Double Bottom exactly on the oversold 30.00 level. An additional strong buy signal.