USDJPY (88.61)

USDJPY is currently looking to head towards its target at 88.15 and before doing so it might take a rise just above 89.00 level and around this level we might see trading selling USDJPY for a nice intra-day trade.

Recommended Trade:

Sell USDJPY @ 89.10
Stop @ 89.60
Profit @ 88.20

USDJPY (98.70)

USDJPY is moving in a nice downward trend and looking to gradually take a dip below 97.00 level. Currently selling around 98.80 seems a good trade for initial target at 97.50 which can be further extended to 96.80 level

Recommended Trade Levels

Trade: Sell USDJPY @ 98.80
Stop: 99.30
Profit Target 1: 97.50
Profit Target 2: 96.80