- Support: 122.45
- Resistance: 124.80
- USDJPY has put in for its fourth consecutive positive daily bar. The trend is still intact yet the momentum off the 122.20 break seems to be tapering off.
- There are few levels of resistance to key off of going forward, but the area around 125 is littered with a confluence of technicals.
USD/JPY (Daily, 12/18/06 - 06-18/07)
See Daily Technicals for more detail.