Longer term trends in the Yen crosses are bearish but I can't rule out near term strength just yet.

GBPJPY - British Pound / Yen

British Pound / Yen

WeeklyDailyHourly
Trends
Resistances137.6136.6136.3
Supports134.4135.6135.9
Our strategy
EntryStopTarget 1Target 2
136.2135.9136.6137

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EURJPY - Euro / Yen

Euro / Yen

WeeklyDailyHourly
Trends
Resistances114.45113.75113.5
Supports112112.75113.15
Our strategy
FLAT

Forex CorrelationForex Correlation

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FXstreet.com (Barcelona) - The AUD/JPY dropped nearly 40 pips from its session high above 78.20 in the early hours of the Asian session, brought lower on an appreciating yen and overall lower market sentiment.
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