FX.co ★ USD/JPY Intraday Technical analysis

The spot rate approaches the upper limit of its medium-term bearish channel at 82.80. A break of these levels would free up significant potential and begin an upward trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 82.80 with a 1st objective of 83.80, then 84.10. A break of 82.60 would invalidate this scenario.