USD/JPY is trading well above 122, jump till 124.13 is possible

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

USD/JPY has slightly retreated after making high of 123.31. Intraday trend is bullish as long as support 122.70 holds.

Any break below 122.70 will drag the pair further down till 122.40/122..

It is good to buy around 123-123.05 with SL 122.70 for TP 124.13

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