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FxWirePro: Sell USD/JPY around 119.80-85 with 120.25 for the TP of 119/118.60

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.

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