FX.co ★ USD/JPY is bullish above strong support

The price has turned bullish above major support at 103.16 (Fibonacci retracement, Fibonacci projection, horizontal support) where we again expect a bounce up to 104.02 at least.

Stochastics (34,5,3) is bouncing above major support at 4%.

Buy above 103.16. Set stop loss at 102.77 and take profit at 104.02.