FX.co ★ USD/JPY Intraday Technical analysis

The spot rate came to test the upper limit of its medium-term bullish channel 82.80 and fell. It seems to initiate a pull back on its support through to 82.00 before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 82.00 with a 1st objective of 82.80, then 83.20. A break in 81.80 would invalidate this scenario.