Forex: USD/JPY Technical Analysis – 100.00 Figure in the Crosshairs
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- Prices broke above resistance at 99.00 (Oct 17 high), exposing 99.98 (trend line from June)
- A push above resistance clears the way for a test of swing highs at 100.60 and 101.52
- Reversing back below 99.00 targets trend line support 97.76
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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