Technical Forex Market Outlook
USD/JPY:
Weekly Forecast: Somewhat lower
Resistance: 78.66, 79.05, 79.40, 79.52, 79.96, 80.00, 80.22, 80.82, 81.34, 81.76, 82.01/22, 82.77, 83.09 and 83.77.
Support: 77.25/89, 76.41, 76.10, 75.94, 75.70, 75.65, 75.56, 75.00 and 70.00 likely.
200-day MA: 79.73 and falling.
14-day RSI: 47.8 and falling.
