The double daily top around the ¥100 level sees a line in the sand topside and could be hinting at further broad consolidation within a ¥95.70-100.00 range. Initial support is now noted at the Apr 23 low with a close below needed to relieve the immediate bullish focus and see the 21-DMA come back into the picture.
For a more detailed technical analysis please click on the link below.
USDJPY Techs Daily 24 Apr