USD/JPY may rise 12 - 47 pips.

USD/JPY may rise 12 - 47 pips.

Pivot 156.80
Our preference : Long positions above 156.80 with targets at 157.30 & 157.65 in extension.

Alternative scenario Below 156.80 look for further downside with 156.45 & 156.15 as targets.

Comment : The RSI is mixed to bullish.