USD/JPY has been trading upwards in past 48 hours. I found the breakout of massive inverted head and shoulders pattern in the background, which is good confirmation for the further upside.
Watch for buying opportunities with the upward targets at the price of 110.65 and 112.50. Stop loss level is set at 106.50.
The very important pivot level (neckline) is set at the price of 109.30.
