Yen Technical Outlook

Published September 26th, 2008 - 06:02 GMT
Al Bawaba
Al Bawaba

The USDJPY range persists.  There is little confidence right now in directionality at this time. 



That feeling in itself warns of a breakout though.  A break above the resistance line that has contained price since the end of August would warrant a bullish breakout play.