Usdjpy is now on ranging area. 112.20-114.40 level is ranging area for this pair. Within this area, we can look for sell from upper level and buy from lower level of the ranging area.
Now this pair is now on bullish momentum. on h4 time frame, this pair seems bullish momentum which can carry this pair more high again. For buy target will be 114.40 level.
If it can break 114.40 level, then we will get buy confirmation on this pair. So we will stay on buy on this pair.
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