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FX.co ★ USD/JPY Intraday Technical analysis

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Forex Analysis:::2010-12-27T09:03:35

USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

The spot rate broke its support to 82.85 this morning, resulting in an acceleration. A pullback on these levels is expected before a resumption of bearish.

According to previous events, the market indicates a bearish opportunity on the levels of 82.85 with a 1st objective of 82.40, then 82.20. A break in 83.10 would invalidate this scenario.

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