USDJPY

reversal point is at 120.69.

Our preference: Buy above 120.69 with targets points 121.7 and 122.3.

Alternative scenario: A break-down level of 120.69 will open the way to 120.25 and 119.55.

Analysis: RSI loses its bearish trend.

Support and resistance levels:
122.8 **
122.3 ***
121.7 ***
121.0955 Closing Price
120.75 ***
120.25 ***
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