On UT 4 hours, JXY is under a falling wedge pattern (The Falling Wedge is a bullish pattern)
The RSI has a today value around 27 and, in addition, the JXY is close to its support at 88.3
From the upper elements, we can remain aware about and wait for any bullish signal.
If this signal appears, a short on
USDJPY or 
EURJPY could be very interesting
From fundamental view, if the
DXY will become weaker in the next month, it will be not surprising if the 
JXY would be very much sought.
Stop: 87
TP: 90 (TP1)
The RSI has a today value around 27 and, in addition, the JXY is close to its support at 88.3
From the upper elements, we can remain aware about and wait for any bullish signal.
If this signal appears, a short on
USDJPY or EURJPY could be very interestingFrom fundamental view, if the
DXY will become weaker in the next month, it will be not surprising if the JXY would be very much sought. Stop: 87
TP: 90 (TP1)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.