FX.co ★ USD/JPY Intraday Technical analysis

The spot rate has broken the intermediate resistance of its medium-term bearish channel at 81.10 resulting in an acceleration. A pull back on this area is expected before a resumption of bullish.

According to previous events, the market indicates a bullish opportunity on the levels of 81.10 with a 1st objective of 81.70, then 82.00. A break in 80.90 would invalidate this scenario.