USD/JPY faces strong support at 119.60, targets 120.30

USD/JPY facing strong support around 119.60 and any weakness can be seen only below that level.

Any break below 119.60 will drag the pair down till 119.20/118.60 level.

On the higher side minor resistance is around 119.80 and break above targets 120.05/120.35.

It is good to buy around 119.65-70 with SL around 119.49 for the TP of 120.05/120.30