USDJPY: Threatening To Recapture The 86.96 Level

With a marginally higher close after turning off its intra day high at 87.79 seen on Tuesday, USDJPY was seen weakening and threatening the 86.96 level, its July 01′10 low in today’s trading session. On a violation of the 86.96 level, further weakness should shape up towards the 84.80 level, its 2010 low. View full post on Technical Analysis