USDJPY FACES RESISTANCE, NEEDS TO BREAK 149.60 TO BULLISH

USDJPY FACES RESISTANCE, NEEDS TO BREAK 149.60 TO BULLISH
USDJPY FACES RESISTANCE, NEEDS TO BREAK 149.60 TO BULLISH

USDJPY FACES RESISTANCE, NEEDS TO BREAK 149.60 TO BULLISH

USDJPY must break above 149.60 (100-hour MA) to turn bullish.

The pair fell below key support levels, including 149.22 and 149.07-149.39.

It broke December's low at 148.64 but bounced back after reaching 148.56.

Support was found around 148.62 today, leading to a bounce.