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USDJPY Long then reversal - Monthly

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
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FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USD (US Dollar)
0
0
usd-us-dollar

USDJPY has finally broken the ascending triangle/wedge formation. First reistance is at 121.600. If it breaks this level the next resistancewill be the decending trend line from 1990 at around 123.000. The final resistance will be 124.00 from mid 2007. I suspect a push towards these levels before a strong push back towards 118
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USD/JPY Long then reversal
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