USD/JPY Reversal Zone should be below Res. line from 1990
665
119.20/60 zone which I pointed out on My previous Chart was breached. And it almost goes above even Yellow Channel upper line, however wave AB since 118.05 will reflect with equal wave CD (up to 120.75 ) which is capping with Resistance line from 1990. Therefore Pink Zone should be USD/JPY's bearish reversal zone ( in case of breakout thru Yellow Channel upper line).