The Japanese Yen is down more than 4.8% against the US Dollar since the August yearly extremes with USD/JPY rallying into a critical resistance threshold at fresh five-month highs this week- we’re looking for a reaction up here. These are the updated targets and invalidation levels that matter on the USD/JPY weekly price chart. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Sterling price setup and more. Notes: USD/JPY is testing a critical resistance barrier at 109.36/68 – a region defined by the 61.8% retracement of the yearly range, the March low / July high, and the objective yearly ... (full story)