Neutral Trend
We need to see a close above (85.90) or below (83.36).. USDJPY is struggling in a battle between both market forces (bulls and bears) the instrument has a trading range to break. Any four hours close above (85.90) will open the way for a little push upward to test the resistance level at (86.20), and a four hours close below (83.36) will let the instrument test the next support level at (83.06).
Currency Daily Profile
Daily 200 SMA 89.90
Daily 100 SMA 88.34
Daily 50 SMA 86.14
Daily Stochastic 35.10
10 Days ATR 0.76
| Resistance | 84.94 | 85.30 | 85.90 | 86.20 | 86.50 |
| Support | 84.05 | 83.66 | 83.36 | 83.06 | 82.76 |
