FX:USDJPY   U.S. Dollar/Japanese Yen
58 0 38
reversal point is at 123.05.

Our preference: Sell below 123.05 with a target point 122 and 121.6.

Alternative scenario: The upside breakout level will open the way to 123.05 123.4 and 123.6.

Analysis: As long as 123.05 - resistance, the price of the asset remains unstable, but maintains the downward trend

Support and resistance levels:
123.6 ***
123.4 **
123.05 ***
122.6630 Closing Price
122 **
121.6 ***
121.35 **
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