Forex: USD/JPY Technical Analysis – Yen Attempting Recovery


To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices pulled back from resistance in the 100.38-60 area (Sep top, trend line from mid-June)
  • Support is at 98.75; breaking below that eyes 98.00 (rising trend line from Oct 8 bottom)
  • A reversal upward targets 101.52 (July 8 swing high)

Confirm your chart-based trade setups with the Technical Analyzer.

View photo

dailyclassics_usd-jpy_body_Picture_10.png, Forex: USD/JPY Technical Analysis – Yen Attempting Recovery

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

Contact and follow Ilya on Twitter: @IlyaSpivak


For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

View Comments (0)