Forex: USD/JPY Technical Analysis – 100.00 Figure Under Fire
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- Prices are testing resistance at 100.13 (trend line support-turned-resistance from June)
- A break higher clears the way for a test of swing highs at 100.60 and 101.52
- Reversing back below support at 98.75 targets a minor rising trend line at 97.92
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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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