USDJPY Strengthened to 125.90 from 125.30 Last June
session on Friday as the markets decline and Shuffle strap broke several months.
119.60 area could be resistive, but crossing up this leves will probably take usdjpy to 123-124 area and even to 127. With the high vol and low closed on friday closed, there seems to be quite a bit of underlying selling pressure in the markets ,as the Yen continues offer safe of returns.
The 119 level looks like it a bit of a floor at this point, the trend since 2012 Supporting the green Average strip
we have couple options:
1.Wait for crossing up the 123.60 area and enter long position
2.wait for more corrections to 119.30-60 area and enter long position
3. break down 119.30 arae will send usdjpy to 118. area and even to for 113-115 if the markets will continue the down trend pressure
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