USD/JPY Price Analysis: Bears lurking near 136.50 USDJPY Technical Analysis
The 135.50s guard 133.00 to the downside and a break of the trendline support.rallied through the 105.20s to a seven-week high and putting it on track to post its largest weekly gain since late September. In turn, USD/JPY rallied hard but it is now in a corrective territory as the following illustrates: The US Dollar could be on the verge of a significant correction and that could well play out as follows in USD/JPY:The 135.50s guard 133.00 to the downside and a break of the trendline support.
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