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Long

USD/JPY recovers after making a low of 119.48,good to buy at dip

FX:USDJPY   U.S. Dollar/Japanese Yen
279 0 6
USD/JPY             has made a low of 119.49 and slightly recovered from that level. Short term trend is bullish as long as support 119.20 holds.

Any break below 119.20 will drag the pair down till 118.60 level.

On the higher side minor resistance is around 119.90 and break above targets 120.15/120.35.

It is good to buy around 119.60-65 with SL around 119.20 for the TP of 120.15/120.30
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