USD/JPY Stuck in Neutral at Trendline
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDJPY is trading on support from the line that extends off of the February and 3/14 lows. The rally from the February low channels in a corrective manner and makes 104.12 important from a bigger picture bearish perspective.
-102.00/50 is still resistance.
LEVELS: 100.40 100.75 101.20 | 102.15 102.50 102.80
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