FX.co ★ USD/JPY time to start buying

We turn from bearish to bullish on USD/JPY as we see major support at 103.69 (Fibonacci retracement, Fibonacci projection) and will play the rise to 104.41.

RSI (34) is above a long-term ascending support which is holding price up.

Buy above 103.69. Stop loss at 103.29. Take profit at 104.41.