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Talking Points
- Prices are testing below a rising trend line set from mid-June (98.20)
- Daily close below this barrier targets 96.24 (trend line from February)
- Downward-sloping resistance is at 98.85; above that eyes 100.60 (Sep 11 high)
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dailyclassics_usd-jpy_body_Picture_4.png, Forex: USD/JPY Technical Analysis – 4-Month Support at Risk
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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