FX.co ★ USD/JPY Intraday Technical analysis

The spot rates approach the upper limit of its medium-term downtrend channel 83.10. A break of this area would free a significant potential.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 83.10 with a 1st objective of 83.50, then 83.90. A break of 82.90 would invalidate this scenario.