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FxWirePro: Sell USD/JPY around 124-124.10 with SL around 124.60 for the TP of 123/122.70

  • USD/JPY has once again made a low of 123.68 and slightly recovered from that level.
  • Intraday trend is still weak as long as resistance 124.60 holds.
  • The minor intraday resistance is around 124.20 and break above targets 124.65/125.
  • On the downside major support is around 123.50 and break below targets 123/122.70.

It is good to sell at 124-124.10 with SL around 124.60 for the TP of 123/122.70.

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