Open trading account 
UsdJpy
Volatility is fading around 109.00.
• USD/JPY has bounced strongly off support. The pair is likely to retest towards former support at 108.13 (17/04/2017 low) . Expected to show another leg lower.
• I favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).
Volatility is fading around 109.00.
• USD/JPY has bounced strongly off support. The pair is likely to retest towards former support at 108.13 (17/04/2017 low) . Expected to show another leg lower.
• I favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).