Momentum is bullish, Stochs and RSI are sharply higher Volatility is high and rising, major moving averages are biased higher ADX and MACD support upside, Chikou span is biased higher GMMA indicator shows major and minor trend are strongly bullish
Major Support and Resistance Levels:
Support - 128.54 (5-DMA), Resistance - 131
USD/JPY likely to extend bullish streak. Scope for test of 2002 high at 135.16.