- USD/JPY has broken minor trend line support at 124.30 which confirms short term weakness , a decline till 123.50 cannot be ruled out.
- The minor resistance is around 124.60 and any break above would extend gains till 125/125.85.
It is good to sell around 124.30 with SL around 124.65 for the TP of 123.51
The material has been provided by InstaForex Company – www.instaforex.com