USD/JPY breaks major support 119, decline till 118 is expected

•  RES 4: 121.50
  
  
•  RES 3: 120
  
  
•  RES 2: 119.70)
  
  
•  RES 1: 119.40 (20 day )

  PRICE: 118.78 @ 6:44 GMT 

• SUP 1: 119.25
  
  
• SUP 2: 118.69
  
  
• SUP 3: 118
  
  
• SUP 4: 116.86

COMMENTARY:

USD/JPY has broken major support 119 and confirms short term weakness a decline till 118 cannot be ruled out.

On the upside minor resistance is around 119.40 (20 day HMA) and any break above would extend gains till 119.70/120.

Intraday bearish invalidation can happen only above 120 level.