USD/JPY’s sharp fall last week indicates short term topping at 125.85 . Below 122.45 will target 61.8% retracement of 118.88 to 125.85 at 121.54.
SUP. 122.5 – 121.42 -119.8
RES. 124.8 – 126.15 -130.3
![USD_JPY US Dollar](https://riskmarket.co.uk/wp-content/uploads/2015/06/USD_JPY-US-Dollar-300x161.png)
By Theodoros Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk