USD finds some love at the start of the week

The dollar has shrugged off last weeks FOMC good a proper as it continues to recover from the 119 lows

120.40 was resistance after the initial Fed inspired drop from near 121.00 and it's resisting again today

USDJPY H4 chart

120.65/70 represents an old level that's worth watching and the 200 dma sits at 120.80

We're also still keeping within this August wedge which now sits at 121.00 on the upside and 119.10 on the downside

Trading a break looks favourable, more so with a confirmation, and a tight stop will reduce the risk