FX.co ★ USD/JPY Intraday Technical analysis

The spot rate is currently testing the intermediate resistance of its medium-term bullish channel to 82.30. A break of these levels would reach the upper limit of this one to 82.80.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 82.30 with a 1st objective of 82.80, then 83.00. A break in 82.10 would invalidate this scenario.