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USD/JPY breaks major resistance 120.70 and this confirms short term bullishness , a jump till 121.70 cannot be ruled out.
- On the downside major support is around 120.20 and any short term weakness only below that level.
- Break below targets 119.80/119.50.
It is good to buy around 120.70 with SL around 120.20 for the TP of 121.70.
