USD/JPY Price Analysis: Bulls depend on a lifeline at daily trendline support USDJPY Technical Analysis
osing basis and we are yet to see a daily close below there, yet. Therefore, the money longs have been given a lifeline despite a heavy drop in theIt was stated that ´´the bulls will need to commit, however, to the trendline support and preferably to above 132.50/70 for prospects of a breakout above 134.00.´´Meanwhile, we have since seen a move into test bullish commitments near 132.00 support, but the bulls are holding the fort where the trendline meets a 61.
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