USD/JPY breaks major resistance 124.13, targets 125.60

Long

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

FX:USDJPY U.S. Dollar / Japanese Yen

USD/JPY has broken major resistance 124.13 and this confirms short term bullishness, jump till 125.69 is possible.

Short term weakness only below 123.30. Any break below will drag the pair further down till 122.70/122.40

It is good to buy USD/JPY around 124.05-10 with SL around 123.30 for the TP of 125.60

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