Sentiment : 81.06 80.74
The pair USD/JPY has continued its bearish movement and the breakout the support at 80 gave us a new sell signal. All indicators are bearish. The pair is moving into its bearish channel (black lines). We continue to advise short positions as far as 80.74 is resistance. The breakout of 79.50 will give a new sell signal and open the way towards 79. In case of return above 80.74, we will wait the breakout of 81.06 to advise long positions.
Chart of the pair USD/JPY - Timeframe 4H - Zoom in :
Chart of the pair USD/JPY - Timeframe 4H - Zoom out:
USD/JPY Live Chart - Timeframe : 4h