Sentiment : 81.06 80.50
The pair USD/JPY is currently testing a pullback on the resistance at 80 and also on the upper band of its bearish channel (black lines). Indicators are still bearish. We continue to advise short positions as far as 80.50 is resistance. The breakout of 79.50 will give a new sell signal and open the way towards 79. In case of return above 80.50, 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