FX.co ★ USD/JPY Intraday Technical analysis

The spot rate approaches the upper limit of its medium-term bearish channel to 82.10. A break of these levels would free up significant potential and begin a bullish trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 82.10 with a 1st objective of 82.70, then 83.10. A break in 81.90 would invalidate this scenario.