FX.co ★ USD/JPY Intraday Technical analysis

The spot rate broke yesterday through the resistance of its medium-term downtrend channel at 82.20. A pullback to this area is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 82.20 with a 1st objective of 82.70, then 83.00. A break in 82.00 would invalidate this scenario.