Usd/jpy Multiple Patterns

On the longer term charts there are several technical factors coming into play. The next few days could be pivotal in the longer term direction of the pair.

Support today should be found by 98.05 and 97.80 in early trading. Beyond that 97.55.

Currently the pair is pushing higher after an early fall. Watch for a test of the highs at 98.55, the 98.70 and 99.00.

By: forexpros

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