Current price: 142.25
Key point: 141.90
Our preferred direction: buying positions above 141.90 levels, targeting 145.10 as a first target, then 146 as a second target
Alternative scenario: stop loss and change direction by breaking 141.90, targeting 139
Technical comment
The dollar yen pair is trading on the daily timeframe, above the support levels 141.20-141.80, and above the ascending channel from the bottom of last March, so that the price is expected to continue rising to the resistance level 145.10
