USD/JPY Option-related buying above the 131.35 yearly high should provide additional bullish momentum with targets beyond 135. If the protection zone is not broken, then a pullback to 127.50 and below is possible, but there are no fundamental factors for a complete reversal of the uptrend.
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.