USD/JPY
121.07
Market maybe trying to rebound from an approaching Support zone of the 121.05 area
Market does look like it favors a short term downwards move as a correction to its current trend before making a continuation of its move upwards based on the pattern shown in the charts above.
The above shown geometric pattern signals a probable upward trend continuation move toward its targets of 1.4937- 1.4983.
| Support | Resistence | |
| Level 1 | 121.32 | 121.41 |
| Level 2 | 121.23 | 121.62 |
| Level 3 | 121.05 | 121.74 |
