Resistance: 79.61 moderate/79.85 strong/80.14 moderate
Support: 79.31 minor/79.07 minor
USDJPY is in a bear market with prices just under a moderate resistance level. Hourly charts however have a mid level bullish reversal in High Wave Doji (Bull). Look for a close above 79.61, the moderate resistance before buying for 79.85 the daily pivot point break of which suggests a trend reversal.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices