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

We remain bullish above support at 110.27 (Fibonacci extension, horizontal swing low support, and ascending support) for a push up to 111.45 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (34,5,3) is seeing major support at 6% and is about to bounce off it.

Buy above 110.27. Stop loss is at 110.02. Take profit is at 111.45.