Reason for Bullish

USDJPY Correlation
In fact, what drives the USD/JPY pair the most is monetary policy divergence between the Fed and the BoJ and risk sentiment. In normal times, when there's risk on sentiment you can see the USD/JPY appreciating all else being equal, while during risk off flows you can see the JPY gaining strength.
Chart PatternsHarmonic PatternsTrend AnalysisUSDJPYusdjpy1hrusdjpyanalysisusdjpybuyusdjpyideausdjpylongsetupusdjpysellusdjpysetupusdjpysignal

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