USD/JPY analysis

USDJPY is divulging that there is a good opportunity to the scalpers to trade in the bearish zone. As Bollinger Band is showing that there is a target at 111.55. So sellers can join in the market right now. Hope it will bring a good amount of profit to them.

Hopefully USDJPY will make an opportunity to the retail traders and hopefully in the pair the most important support level is 110.63. So retail trader can take a pending order here. They can buy at 110.42 and set a take profit at 112.14.