FX CHART OF THE DAY: USDJPY ON THE MOVE UPWARDS

USDJPY is trading above upper 1st standard deviation from weekly (120-h) mean amid expanding volatility (measured by 3.2 standard deviations from weekly mean), which indicates a clear uptrend probability.

Traders can pick longs at pullbacks to upper 1st st deviation currently at 125.00 with stops at the weekly mean (124.70)