FX.co ★ USD/JPY Intraday Technical analysis

The spot rate is currently testing the lower limit of its short-term bullish channel at 80.10 suggesting a rebound. However a break of these levels would initiate a new trend.

According to previous events, the market indicates a bullish opportunity on the levels of 80.10 with a 1st objective of 80.60, then 80.80. A break in 79.90 would invalidate this scenario.