USDJPY is trading above upper 1st standard deviation from weekly (120-h) mean amid expanding volatility (measured by 3.2 standard deviations from weekly mean), which indicates a clear uptrend probability.
Traders can pick longs at pullbacks to upper 1st st deviation currently at 125.00 with stops at the weekly mean (124.70)
Traders can pick longs at pullbacks to upper 1st st deviation currently at 125.00 with stops at the weekly mean (124.70)