USD/JPY In A New Bullish Reversal; Higher Levels In View

USD/JPY is trading sharply higher for the last two weeks, so it appears that pair finally found a bottom.

USD/JPY is trading sharply higher for the last two weeks, so it appears that pair finally found a bottom. On the 4h chart we are looking at bullish leg up from 100.00 area that is looking extended now so it can be wave 3) that is trading towards 161.8% Fibonacci extension target where price may slow down for a fourth wave pullback back to 105.00 area.

USDCAD, 4H

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