USD/JPY breached 122.00/22 level.
TP 1 will be 120.50 which is a crossing point of S & R on July 20.
S: 115.84--118.48--120.50
R: 101.50--105.19--120.50
TP 2 is Fib.161.8% of wave 1 (125.85--122.45) from 124.37 which is 118.87.
TP 1 or TP 2 will be Major-A, then Major-B will fill the Gap Down (123.18--123.74).
Major-C will plunge more downside into (79.07--101.50---114.36(Aug. 10)) line.
Nikita FX (climbingfx.jugem.jp/ )
TP 1 will be 120.50 which is a crossing point of S & R on July 20.
S: 115.84--118.48--120.50
R: 101.50--105.19--120.50
TP 2 is Fib.161.8% of wave 1 (125.85--122.45) from 124.37 which is 118.87.
TP 1 or TP 2 will be Major-A, then Major-B will fill the Gap Down (123.18--123.74).
Major-C will plunge more downside into (79.07--101.50---114.36(Aug. 10)) line.
Nikita FX (climbingfx.jugem.jp/ )