USDJPY is struggling in a battle between both market forces (bulls and bears)

Neutral Trend

We need to see a close above (86.360) or below (84.910).. 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 (86.360) will open the way for a little push upward to test the resistance level at (86.630), and a four hours close below (84.910) will let the instrument test the next support level at (84.543).

Important Price Levels
Resistance 85.650 85.960 86.330 86.630 86.970
Support 85.000 84.543 83.897 83.503 83.110

 

 

Market Analysis by 4xEagleEye.com

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