Sentiment : 81.06 80.74
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.
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