- USD/JPY breaks minor trend line support around 119.80 and any break below confirms short term weakness ,a decline till 119 cannot be ruled out.
- Intraday bullishness can be seen only above 120.20 and any break above would extend gains till 120.65/121.
- On the downside major support is around 119.50 and break below targets 119/118.60.
It is good to sell around 119.80-85 with 120.25 for the TP of 119/118.60
The material has been provided by InstaForex Company – www.instaforex.com