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FX.co ★ USD/JPY intraday technical analysis

USD/JPY intraday technical analysis

USD/JPY intraday technical analysis

Yesterday, the spot rate has broken through its resistance level at 83.30 and this led to acceleration. A pullback from this level is expected before a resumption of a bullish trend.
According to previous events, the market indicates a bullish opportunity on the level of 83.30 with a 1st objective of 83.80, then 84.40. A breakout at 83.10 will invalidate this scenario.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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