The USD/JPY pair had a slightly negative candle for the week, but at the end of the day we’re still just consolidating in the same vicinity. Because of this, we have no long-term set up available right now.

PIVOT POINTS WEEKLY

S3        S2       S1        P          R1      R2      R3

116.72 – 118.10- 118.80 119.50 120.10 – 121 – 122.30

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk