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Emrut

We can see a bounceup on USDJPY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Emrut Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY trump bounceup bounce
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trendanalysis usdjpy trump bounceup bounce
After the customs tax news yesterday, it had been a steep loss on USD against JPY.
Today I expect a bounce back from USD. At least to the levels between 107,787 and 108,998. RSI may start to show uptrend on hourly chart shortly.
Order cancelled:
Instead of bouncing back from 106,776 level, price broke down the support.
Now 106,776 is the new resistance
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