Updated the:
06/14/2012
USD/JPY Technical Analysis comments :
Sentiment :
sentiment
79.20
sentiment
79.20
sentiment
The pair USD/JPY is moving between the support at 79.20 and the resistance at 79.75 since several days.
Indicators are mitigated.
The pair is still moving above its former falling wedge (black lines).
We continue to advise long positions as far as 79.2 is support.
The breakout of 79.75 will give a new buy signal and open the way towards 80.19.
In case of return below 79.20, 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 :

USD/JPY

Chart of the pair USD/JPY - Timeframe 4H - Zoom out:

USD/JPY

USD/JPY Live Chart - Timeframe : 4h