USDJPY TECHNICAL ANALYSIS SHORT TERM VIEW
It is running in positive trend and it is running in wave 3 so it can jump towards145 levels non stop .Important support area is 141.45 to 142.25 level as shown in graph.Stop loss is 140.80 and it can jump upside above 145 levels without touch 140.80 .It is running presently near to strong support area so intraday or positional buying can be taken with stop loss 140.80 for upside rally.
QUICK FUNDAMENTAL LOOK
USD/JPY continuing higher? Retracements shallow,USD/JPY retraced down to 142.70 EBS early Asia, from 143.54 late NY Market has since bounced, to 143.15, high @143.40 in NY-Asia gray-zone.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.