Technical analysis:
USD/JPY has been trading upside as I expected. The price is heading towards upside objectives.
Trading recommendation:
Due to the breakout of the triangle pattern and the trend-line, I see potential for further growth.
Watch for the potential buying opportunities with the upside objectives at 150 and 159
Stochastic oscillator is showing fresh upside reading and no extreme condition, which is good sign for further rally.
Key support is set at the price of 148.60
