|USD/JPY Technical Analysis comments :|
|The pair USD/JPY made yesterday a new pullback on the resistance at 80.50 and is currently moving below the upper band of its bearish channel (black lines).|
Indicators are mitigated.
We continue to advise short positions as far as 80.74 is resistance.
A return below 80 will comfort our bearish feeling.
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.
|Complete sheet of the pair USD/JPY - Previous USD/JPY Analysis|
|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|