USDJPY: With USDJPY triggering further downside. Resistance resides at the 102.00 level where a break will aim at the 102.35 level and then the 102.79 level. Further out, resistance resides at the 103.01 level where a violation will aim at the 103.38 level. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.72 followed by the 100.00 and then the 99.50 level. Further down, support stands at the 99.00 level. Conversely, a continuation of that move. On the whole, USDJPY remains exposed to the downside short term despite recovery.
USDJPY: With USDJPY triggering further downside. Resistance resides at the 102.00 level where a break will aim at the 102.35 level and then the 102.79 level. Further out, resistance resides at the 103.01 level where a violation will aim at the 103.38 level. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.72 followed by the 100.00 and then the 99.50 level. Further down, support stands at the 99.00 level. Conversely, a continuation of that move. On the whole, USDJPY remains exposed to the downside short term despite recovery.
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