USD/JPY trades near major resistance 124.40, targets 125.85.

USD/JPY is trading near major resistance 124.40 and nay break above will target 125/125.85 in short term.

Intraday weakness only below 123.80 and break below will target 123.30/122.90 in short term.

Overall bullish invalidation only below 122.90.Break below that level will drag tte pair further down till 122.40/122.

It is good to buy around 123.30-35 with SL around 123.79 for the TP of 125/125.85