USDJPY Sputtered above its channel
16
May
2012
2012
Zooming, shooting , blasting, firing, these are all words that could not be used to describe the USDJPY break above its channel. Daily price resistance is at 80.60. Support can be found on the descending trend line at 80.05 and daily price support at 80.20. Creating a strong 80.20/05 support zone. A test of trend line support could find buyers.
Sup 80.20/05
Res 80.60
