Resistance: 81.50 minor

Support: 80.90 minor/80.57 moderate/79.98 strong

USDJPY is in a bullish market though prices look overextended. Hourly charts show a low level bearish reversal candlestick pattern Bearish Harami.  Given where prices are now the preferred course of action is to remain sidelined and skip on the trade. Any attempt at a correction would likely be limited to 80.90.

Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices