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- RES 4: 125.84 (jun 5th high)
- res 4 :124.50 (61.8% retarcement of 125.84 and 122.47)
- RES 3: 124.15 (Jun 11th high)
- RES 1:123.89 (7 day H EMA)
PRICE: 123.64 @ 09:05 GMT
- Sup 1 : 123.37 (200 day HMA)
- SUP 1 : 122.40 (Jun 10th low)
- SUP 2: 122
- SUP 1 : 121.50 (61.8% retracement of 125.84 and 118.87)
USD/JPY breaks trend line resistance at 123.60 and this confirms short term bullishness, a jump till 125/125.85 is possible.
Intraday weakness only below 123.45. Break below will target 123/122.45 in short term.
It is goo to buy at dips around 123.85 with SL around 123.45 for the TP of 125/125.85
