USDJPY fell below trendline from 15 Oct low 118.06 that worked as dynamic support through previous six weeks. The decline encourages USDJPY to retest 13 Nov low 122.20 and further 121.90 - historical static level, confirmed with violet line from 09 Nov high 123.60.
Orange ascending line works as USDJPY resistance at 123.50.
Orange ascending line works as USDJPY resistance at 123.50.