USDJPY 12-01-2017

US DOLLAR LOOSING STRENGTH AGAINST JAPANESE YEN. USDJPY RETRACING AFTER TOUCHING HIGH OF 118.60 AT 14 DEC,2016. CURRENTLY TRADING AT 115.20.
MOST LIKELY TRADES FROM HERE ARE;

SELL BELOW 114.90
SL 115.60
TARGET  112.20

&

BUY ABOVE 115.55
SL 114.90
TARGET 118.45