18-06-2006
USDJPY is trading in a narrow range between 114.46 and 115.43. It may be topping on 4 hours chart, key support is at 114.46, a break below this level will signal the cycle top, down trend will begin after this cycle top appears. On the other side, if 115.43 resistance is broken above, the pair may climb more higher towards 116.00 level.

|