Resistance: 79.51 moderate/79.76 minor/80.06 minor Support: 79.21 strong/78.96 moderate/78.66 minor USDJPY is generally bullish with a high level bearish reversal pattern Three Inside Down in Hourly charts just above a strong support level at 79.21, the Pivot Point. Look to sell on a push under 79.21 with stop losses just above the Three Inside Down high. Our immediate objective is 78.96 break of which may see us dropping to 78.66
Here is the original post:
USDJPY Three Inside Down Hourly Chart