USD/JPY is struggling to break 121.5,dip till 120.05 is possible

USD/JPY is struggling to break above 121.50 (161.8% retracement of 120.49 and 118.87) and in short term it is expected to reach till 120.05/119.60 in short term.

Intraday resistance is around 121.10 any break above will extend gains till 121.49/122.01.

it is good to sell around 120.80-85 with stop around 121.11 for the target of 120.06.