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Talking Points
Prices are targeting support at 96.35 (rising trend line from late Feb)
A break below that broadly aims for 93.78 (June 19 low)
Near-term resistance is in the 98.33-45 area (falling channel top, trend line from June)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
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Forex: USD/JPY Technical Analysis ? Edging to Key Trend Line
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