USDJPY New Buy Signal

In spite of a bearish divergence which gave a reversal signal, the market did not move lower. It is going to break the resistance level and give us a long opportunity. DMI confirms trend market conditions and allows trading. We can place buy-stop orders above 112.15 with stop below 111.40 level. Profit target for long trades must be near 113.00 and 114.00 levels.