As shown in the chart, there are signs of smart monies accumulating during sell-offs. USDJPY is still trading in the 108.1-114.254 RANGE. A proper breakout at 114.254 will be BULLISH and we are looking at 120.408 TP. TP SL EP shown in the chart.
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Look out for 114. Once it turns into support, it will start flying soon.