As we can see, the USDJPY
has just started to develop a bullish
momentum by breakout the last high of the recent bearish
momentum, as the price is bullish
for now, it will be wiser to look For a reason to buy, the demand below seems like a great level for buy position, on the first touch of the price at that level it’s the right time to buy, the first target will be the supply above, the final Target will be the supply at the top which is also a great level of sell position.