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Long

USD/JPY trades lower after BOJ monetary policy,good to buy dip

FX:USDJPY   U.S. Dollar/Japanese Yen
766 2 8
USD/JPY             has made a high of 120.55 and declined till 119.76 today morning. It is currently trading at 120.13 Overall trend trend is still bullish as long as support 119.60 holds.

Overall bullish invalidation only below 118.60

Any break below 119.60 will drag the pair further down till 119.20/118.60. The pair's minor support is around 119.95.

The minor resistance is around 120.60 and any indicative break above will take the pair till 121.25 in short term.

It is good to buy at dips around 120.-120.05 with SL around 119.60 for the TP of 120.74/121.25
USDJPY in a very range bound.there is no clear trend, its very difficult to trade.
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thank you i waiting for your idea i placed here 119.945 and i don't know what to do i'm still hold on
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