USD/JPY breaks short term support 120.50, targets 119.60

USD/JPY breaks short term support 120.50 which confirms short term weakness, a decline till 119.56 cannot be ruled out .

Intraday major resistance is around 121. Any slight bullishness can be seen only above 121 level.

Overall bearish invalidation only above 121.75.

It is good to sell on rallies around 120.45-50 with SL around 121 for the TP of 119.60