The USDJPY continued its bearish pressure earlier today in Asian session, hit 82.47. The bias remains bearish in nearest term especially if price able to break below 82.33 targeting 81.65 and testing the trend line support. Immediate resistance at 82.80. Break below that area could lead us to neutral zone in nearest term testing 83.10/50 region.
©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.