USD / JPY movement within 1 - hour chart was tracked back to go up and it aims 124.12 resistance position. Currently it seems to be the psychological resistance. Technical indicators condition seems to approach overwhealm buying ativity on the chart within last 1 hour. Take a note at 124.12 resistance area where if the area is shown bearish signals, the USD / JPY potentially moves back down trough support area. It will go up to range 123.90 - 123.56.
Please be careful, if the resistance 124.12 is collapse, because it will possibly make USD / JPY continue its bullish movement in range 124.25 - 124.46
Preferences : Bearish , Notice resistance 124.12
Support : 123.90 , 123.77 , 123.56
Resistance : 124.12 , 124.25 , 124.46
Cheers!
