|USD/JPY Technical Analysis comments :|
|The pair USD/JPY made a pullback last friday on the upper band of its former falling wedge and has opened the week on a bullish gap (which is not filled in), pushing back the price above the resistance at 79.50.|
All indicators are bullish.
We continue to advise long positions as far as 79 is support.
The breakout of 80 will give a new buy signal and open the way towards 80.50.
In case of return below 79, a sell signal will be given.
|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|