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ForexWeeklyAnalysis

Possible long on USD/JPY if mid 102.XX region holds as support

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ForexWeeklyAnalysis  
FX:USDJPY   U.S. Dollar / Japanese Yen
2
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You'll note that price is in the middle of a bigger range right now and in my books, I never trade in the middle of a range, so proceed with caution. Having said that, if the mid 102.XX region holds as support then there's a possible long on USD/JPY.
Consider exiting if price closes below the short term upward trend line
Target the previous highs at 104.XX / 105.XX
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