By: Investija
USDJPY bulls have formed a double top by lower resistance barrier at 90.66. Lower support barrier stays at 90.42 price level. According to the previous bullish strength, bulls can extend and break the barrier at 90.66. However, bulls movement would be still limited while significant ressitance at 90.74 is valid.
At the moment waiting action is better option to confirm bulls activity. Just below 90.42 bears can get their confidence back and selling options can be considered.
Neutral situation is continued for now, further low jumping is expected.
