FX.co ★ USD/JPY Intraday Technical analysis

The spot rates approaches the upper limit of its medium-term bearish channel at 81.05. A break of these levels would free up significant potential and begin a rising trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 81.05 with a 1st objective of 81.70, then 81.90. A break in 80.90 would invalidate this scenario.