USD/JPY struggles to close above 125, targets 123.50

• RES 4: 126.88 (161.8% retracement of 124.43 and 120.45)
  
  
• RES 3 : 125.85 (jun 5^th high)
  
  
• RES 2: 125.30 (Aug 12^th high)
  
  
• RES 1:125
  
  

PRICE: 124.33 @10:34 GMT 

• SUP1 : 124.30 (7 day 4 HMA)
  
  
• SUP2 :124.10 (23.6% retracement of 120.40 and 125.27)
  
  
• SUP 3 : 123.50 ( Jul 31^st low)
  
  
• SUP 4 :123 (Jul 27^th low)
  
  

Potential Reversal Zone- 125

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