The USD/JPY aka “ninja” has been printing out higher highs and higher lows on intra-day charts. If 101.75 holds we might see another push towards 102.70 and 103.05 as we can see a T89 on H4 chart. POC comes withing 102.05-102.18 (trend line/steep trend line, L3, X-Cross ™,historical buyers). Although I am not a fan of steep trend lines, this one follows the price and it is making an X-Cross ™ with other confluence factors. New rejection could use a fresh momentum from a new higher low towards fresh daily highs. However, if 101.75 fails we could see a dip towards 101.30.
