Updated the:

01/20/2011

USD/JPY Technical Analysis comments :

Sentiment:

sentiment

The pair USD/JPY continues its bearish movement into its bearish channel. The breakout of 82.33 (level 50%) gave us a new sell signal. Then, the next support at 81.84 (level 61.80%) has been tested. We maintain to trade only short positions as far as 82.50 is resistance. The breakout of 81.84 will give a new sell signal. The next support is at 81.37. However, if 82.50 is broken, we will be neutral between this level and 82.82 (level 38.20%).

USD/JPY

USD/JPY