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Japanese Yen Recalibrates Against US Dollar, Euro and Swiss Franc. Will Trends Return?
USD/JPY has moved down into the Ichimoku Cloud and a move under it could signal an end to the bullish run. It may indicate a possible bearish trend unfolding. Support could be at the previous lows of 137.67 and 135.81 or at the breakpoint of 135.57. Previous support levels that have been broken might now offer breakpoint resistance at 143.53 and, 145.11. Further up, resistance could be at the previous peaks of 148.85 and 151.95 chart EUR/JPY TECHNICAL ANALYSIS EUR/JPY appears to be setting up a range trading environment having been contained between 142.56 and 148.40 for over a month. The price has crisscrossed the ... (full story)
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