Technical analysis:
USD/JPY has been trading downside but I see potential for the end of the downside correction.
Trading recommendation:
Watch for potential for buying opportunities due to end of the downside correction.
Upside target is set at the price of 110.10
Stochastic is showing oversold condition and fresh bull cross, which is another sign for the upside continuation.
Support is set at the price of 111.47
