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FX.co ★ USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

USD/JPY Intraday Technical analysis

The spot rate approaches the upper limit of its medium term trading range at 82.25 . A break of these levels would allow it to 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 82.25 with a 1st objective of 82.90, then 83.10. A break in 82.00 would 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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