Usd/Jpy has been on the upmove testing areas around 113.75. The last time it hit the area it could not surpass it . The upmove was likely triggered by rising yields , and if that continues, could cause an acceleration thru 113.85 but likely will not sustain at least near term. A good sell zone will be around 113.75 ,but will activate half around a move just to the swing area . If there is a rise beyond will look to short around 113.90 the rest . In any case look for reaction around swing area if stalling , look to short 113.55 to 113.15 and if there is a meaningful breach can revisit 112.60
Trade closed: target reached