FX:USDJPY   U.S. Dollar / Japanese Yen
51 0 0
Price is currently 'trapped' in between two key levels, a 61.8 retracement level from the regular divergence setup; and the previous support structure level which also coincides with a 127.2 extension level.

Fundamentally, the USDJPY             should eventually go higher, with respect to the FED raising their interest rates; and the BoJ continuing with their Abenomics.

However, we are going into a year end period, and with the JPY serving as a funding currency, we might see further liquidating of JPY positions pushing the USDJPY             lower.
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