Japanese Yen Digests Losses

[B]Commentary[/B]: "It is our working assumption that the USDJPY is working higher in a C wave towards the 128.00 area over the next few weeks/month.

The 78.6% of 135.13-101.67, the 100% extension of 108.98-122.17/115.14, and the 100% extension of 101.67-121.39/108.98 are between 127.97 and 128.70." Near term, 122.82-123.30 should provide solid support. [B]Strategy[/B]: Looking to align with bull trend between 122.82 and 123.30