FxWirePro

USD/JPY trades below 200 day HMA, targets 122

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
9
USD/JPY has mad a low of 1220.09 and recovered from that level. Overall trend is bearish as long as short term resistance 123.50 holds.
Break above that level will target 124/124.40 in short term.

It is good to sell at 123.10-15 with SL around 123.51 for the TP 122.10/121.30
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