Dollar-yen pair shows some bearish bias blind to near 123.00 barrier, which forms the floor of an initial public support to protect the positive scenario, while 50 SMA continues to provide support to the wave of major emerging from below. In general, we continue tipping the upside with steady price above the level of 121.00, the price has be forced to further volatility and lateral negative interim to be able to gain positive momentum enough for the resumption of the rise and break of 124.30, which represents the only obstacle to the continuation of the proposed bullishness, and then head towards Our main following which resides at 125.85.
http://i.imgur.com/cPgfMpF.png