Usd/jpy intraday: Capped by a negative trend line

Pivot 123.05
Our Preference Short positions below 123.05 with targets @ 122 & 121.6 in extension.
Alternate Scenario Above 123.05 look for further upside with 123.4 & 123.6 as targets.
Comments As long as 123.05 is resistance, look for choppy price action with a bearish bias.
S1 122
S2 121.6
S3 121.35
R1 123.05
R2 123.4
R3 123.6

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USD/JPY INTRADAY: CAPPED BY A NEGATIVE TREND LINE.
Pivot 123.05
Our Preference Short positions below 123.05 with targets @ 122 & 121.6 in extension.
Alternate Scenario Above 123.05 look for further upside with 123.4 & 123.6 as targets.
Comments As long as 123.05 is resistance, look for choppy price action with a bearish bias.
S1 122
S2 121.6
S3 121.35
R1 123.05
R2 123.4
R3 123.6