USDJPY

reversal point is at 120.68

Our preference: BUY above 120.68 to 121.8 and the target point 122.

Alternative scenario: A break-down level of 120.68 open the way to 120.9 and 120.55.

Analysis: Even without excluding the possibility of continuing attention of consolidation, it should be noted that it will be negligible.

Support and resistance levels:
122.45 **
122 ***
121.8 ***
121.4400 Closing Price
121.1 ***
120.9 ***
120.55 **