Technical Analysis: USDJPY - March 12-16, 2018

USDJPY goes down to hit trendline and price seems to be bounced. If it can break through 107.5, price should go to 110 and can break throgh 114.

Support level at 105 seemd to be significant level and there should be many buyers here. So the price should be bounced at this level.

However if it can not, price will be go down and it will continue to be bearish and go under 100.