USD/JPY is facing minor channel support around 120.05 and any break below confirms intraday weakness, a decline till 119.20 is possible.
- Intraday bullishness only above 120.35 level.
- Any break above 120.35 will take the pair till 120.70/121/121.30.
- On the downside minor support is around 119.80 and break below targets 119.50/119.20.
It is good to sell below 120.05-120.10 with SL around 120.35 for TP of 119.25.
