rauan

Would we see 124.10?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY extends bullish move with low volatility. Pair has stumbled below 123.60m static resistance from recent highs of 09.Nov and 19.Nov.
Break above 123.60 would lead USDJPY up to 124.10, long-term resistance where descending line from 2015 top 125.84 meets trendline from Jan 2015.
124.10 test is considered as potential sell entry level.

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