Very much for the USD, but can it breaks the psycological point?
Any one?

With 119.84 YEN reached the HIGHEST this year.
Daily RSI is retreating back from OVERBOUGHT levels.USD is Less overbought now on daily chart.
Will the USD/YEN rally break the psychlogical 120 level????
I think he will be coming under selling pressure and profit taking.

ONLY a weekly close above 121 or a monthly close above 119 will reverse this view.

for the time ,

SELL @119.80/ 11975 STOPLOSS 120 target 118.80


a break above 120 will target 121.05 ( Nov 2005 highest level).
But a break below 118.80 will bring it back to 114 levels.
we will be watching

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