The USD/JPY minor intraday resistance is around 117.22-30 ( of Schiff pitch and also 50 day Hourly ) and any break of will target 117.75-80 and 118.30 in short term. Intraday trend reversal only above 118.30 ( top and also upper boundary of pitch ).
The lower boundary of Schiff pitch is around 116.05 which will be acting as minor support and any break below will take the pair to 115.45.
(14) – Buy
Recommendation: Sell USD/JPY around 117.20, SL 117.80, Target 116.05.