JLS USDJPY Med Term Target Zone 106.50-112.50-117.50
USDJPY heading back to 117.50 from 106.50 with possible pause at central parity 112.50. Large pullback at 112.50 could be seen by the strengthening of USD against major pairs. Long/buy likely good by two tranches to look for 1x550 PIPs plus 1x 750 PIPs, including pullback. The upward lifting the JPY-pegged pairs to upward to their central parities/central bands (NZDJPY, CADJPY, AUDJPY, GBPJPY, EURJPY and CHFJPY)