USDJPY – After trading to the lowest level in 15 weeks low on Friday (77.66) continued buying from the weekly cloud base has seen a rally of nearly 1 ½ Big Figs. This has resulted in a sequence of 2 positive daily performances bring posted. With momentum now bullish we look for this upward pressure to continue. In view of these facts our call is bullish above 78.61. The profit targets are 79.10, 31st May open, then 79.29 and towards 79.72. The risk however would be with selling through a stop
