The USD/JPY chart and trend analysis indicates a strong uptrend on the largest time frames. The MN time frame is shown below. Current short term breakout point and price alert area is 124.00. You can set a price alarm here. When the alert hits check The Forex Heatmap® to confirm the trade entry. Past there there is some minor resistance at the 125.65 area. The overall potential is up to the 134.00 area. The charts you see below are our free trend indicators, which are 5/12 exponential moving averages, then analyzed with multiple time frame analysis.
USD/JPY Chart Analysis 5-27-2015