USDJPY

reversal point is at 120.67.

Our preference: BUY with target above 120.67 points and 121.5 121.8.

Alternative scenario: A break-down level of 120.67 open the way to 120.55 and 120.2.

Analysis: Break resistance at 120.67 may lead to a growth of 121.5.

Support and resistance levels:
122 **
121.8 ***
121.5 ***
121.0840 Closing Price
120.9 ***
120.55 ***
120.2 **