Four -hour USD/JPY schedule. From the main resistance level 137.50 (8/8), the currency pair resumed the movement down. The price was pushed by the level (7/8) and the next purpose for reducing is the intermediate level of support 134.38 (6/8).
Yena was able to provide the pressure on the dollar necessary to further reduce the couple. As a result, the exchange rate of the American currency abruptly collapsed below 133.00, a previously indicated goal.
, after a fairly successful counterattack, is fixed on the achieved values. It is expected that in the future the pressure on the American currency will increase and we will see a continuation of the pair.
I gave in the dollar slightly and this turned out to be enough to break through the lower border of the channel inside which the price was the price throughout the past week.