USD/JPY - Monitor potential reversal - MIG Bank
USD/JPY has broken its key support at 77.66.
However, the subsequent upside reversal could
indicate a short-term exhaustion of the selling
pressure. Monitor the resistance at 78.33
(10/09/2012 high).
USD/JPY is likely in a long-term bottoming
process and is getting oversold both on a shortterm...
FF News: Technical