Technical analysis:
USD/JPY has been trading upside this morning and I see potential for bigger upside movement towards next upside objectives.
Trading recommendation:
Due to the breakout of the falling wedge in the background and strong upside momentum this morning, I see potential for the rally in the next period.
Watch for buying opportunities on the intraday pullbacks using the intraday time-frames.
Upside objectives are set at 115,80 and 116,25
Key support is set at the price of 114,53
