USDJPY support at 107.55/45 should be key to direction. Holding here targets 108.10/20 & 108.35/45 for profit taking on longs.
Longs at 107.55/45 need stops below 107.20. A break lower targets 106.90, perhaps as far as 106.65/60 with minor support at 106.50/45.

EURJPY beat resistance at 118.40/50 for a buy signal targeting 118.95, 119.15/20 & 119.60 before strong resistance at 119.75/85 for profit taking on longs.
Try longs at 118.60/50 with stops below 118.30. 

The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.

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