- Resistance: 124.70
- Support: 122.45/20
- Pair moving upwards in a C-wave towards 128.00
- There are few levels of resistance to key off of going forward, but the area around 125 is littered with a confluence of technicals
[I]USD/JPY (Daily Chart)
Source: Bloomberg
[/I]See USD/JPY Technicals for more detail.