USDJPY Bull Theme Aims for 104.85/90 targets

USDJPY bull breakout, upside bias

• The flagged push through 103.70 signalled a bull shift to aim still higher into this week and for early April.
• The expected Thursday push above 104.00 now aims for 104.85/90 chart barriers into next week (maybe Friday post NFP).
• The overshoot threat into mid-April is for a challenge to 105.35/45 cycle highs.
• The 8-day RSI, short-term momentum is positive, OB, but has scope to go still higher into mid-month
• WHAT CHANGES THIS?
• Below 102.95 eases bull risks; through 102.60 signals a neutral tone, only shifting negative below 101.75.

Please see full report with levels and latest audio-visual analysis here: http://members.marketchartist.com/Daily/USDJPY.pdf

 Daily USDJPY