USDJPY: technical analysis
USD/JPY retreated to below Y99.00 from Fridaay’s highs on Y99.65.
Initial suppport comes at Y98.60/50 (Sep 16 and 6 lows respectively),
then - at Y97.80 (Sep 18 lows), extending to Y97.70 (trend line from Jun
13), then - at Y96.80 (Aug 27 lows). Above Fridaay’s highs resistance
comes around Y100.00 (Sep 13 highs) and Y100.60 (Sep 11 highs).
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