FX.co ★ remington.kihn | USD/JPY

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Well, on Friday, this pair seemed to have decided to take a day off, showing us all its "turbulent" movement, proudly stepping above the 159.20 mark. This, of course, gives us a reason to continue indulging in our "bullish" scenario, holding our breath in anticipation of when this growth will finally "resume" and reach our coveted target at 161.60. Oh, but please don't dare to drop below 159.20, because God forbid, our "bullish" scenario might somehow "weaken", and what's even worse, if we break through 158.25, then it's all over for our "brilliant" idea. Today, a modest trading range is predicted for us, just a kind of celebration: from support at 158.25 to resistance at 161.60. Hold on tight, gentlemen!