USD/JPY daily outlook

USD/JPY daily outlook

• USD/JPY is trading in narrow range around 116.80 to 118.85 for the past ten trading session trend is neutral as long as Support 116.80 holds.
  
  
• The pair's minor resistance around 118.20 and any break above will take the pair to 118.85/119.95.
  
  
• On the downside major support is around 116.80 and break below will target 115.80.

Indicators (1 Hour chart)                                                

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy