USD/JPY Technical Analysis
Gah, I've been messing around for the last 30 minutes thinking that I can't upload images in their full view. Something that's pretty much required for charts. You should have seen me trying to cut half of the chart and deciding whether the axis' are needed (hint, they are).
I'm still playing with the best format for charts but these two USD/JPY mobile charts will do as I add to the BOJ headlines hitting the wires:
Starting off with a higher time frame look:
We had price break out of the fairly historic trend line resistance that has been forming for a few years now, but was immediately slapped back down.
The most recent price action looks significant in that price has now tucked back underneath it as you can see on the intraday chart:
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Weak weak weak!
