– At the end of last week USDJPY failed break the wedge resistance.
– The pair is testing short-term support around 120.30/20 at the time of writing.
– Break below here could see the next support at 120.00 or key support at 119.00
Still Waiting for a Breakout, above 121.50 = BULL, below 118.50 = BEAR
see older post >>> Wait for confirmed breakout.