After the wild movements of last week, the couple USD/JPY has supported during this week a lateral behavior with light trend to the fall.
On the other hand, in spite of the intervention announced last week by the Bank of Japan, the American Dollar I do not manage to overcome the barrier of 82 yens for Dollar (green line), level that therefore turns into a strong Resistance for the Dollar (to see attached graph).
This week the USD/JPY I initiate with a Gap to the rise of 25 pips (closing of Friday, the 80.615th, opening of Monday, the 80.863rd), for what the Market sooner or later will have to cover it.
For the prompt thing, the forecast for this Couple of Currencies is that is kept inside the range of 82.00 (maximum achieved after the intervention of the Box) and 80.30 (minimum of last year).
Anyhow, the complex conditions for which it crosses Japan do indispensably to act warily, since if it was returning to break the Support of 80.30 (red line), any thing can happen, since already we attend it exactly one week ago.
