FxWirePro
Long

USD/JPY faces resistance at 119.3,break above target 120.30

FX:USDJPY   U.S. Dollar/Japanese Yen
276 1 9
USD/JPY             has recovered after making a low of 118.05.It is currently trading at 119.17.

The pair is facing minor intraday trend line resistance around 119.30 and any further bullishness only above that level. Any break above 119.30 will take the pair to 119.75/120.05/120.30.

On the downside major support is around 118.60 and break below targets 118/117.40.

It is good to buy only above 119.30 with SL around 118.60 for the TP of 120.05/120.60
thanks
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