USDJPY Weekly Outlook May 4th 2015

USDJPY Daily

USDJPY is trapped in a range between 118.25 - 120.90

If price pushes up to 120.90 zone, I will be looking to short USJPY given bearish signals on lower time frames (H4, H1)

If prices moves down to 118.25 zone, I will be looking to buy USDJPY to 120.90 again