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FX.co ★ USD/JPY Intraday Technical analysis

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Forex Analysis:::2011-04-27T06:36:31

USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

The spot rate approaches the upper limit of its medium-term bearish channel to 82.10. A break of these levels would free up significant potential and begin a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 82.10 with a 1st objective of 82.70, then 83.10. A break in 81.90 would invalidate this scenario.

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