USDJPY is approaching its target at 92.20 and we might see it getting there earlier next week. An important weekly resistance at 92.50 level can be seen and we might see some traders interested in selling USDJPY around that level in long term strategy. RSI is also getting on the higher side but we think it has some space to continue upward move without too much retrace at the moment.
In daily charts, situation is getting a bit tricky. The general trend is still upwards but not too large profits can be targeted therefore buying USDJPY with small stops is suggested.
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