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0 Quite interesting technicals in the USD/JPY 109.09 chart on a daily time scale. The currencies pair Ichimoku indicator generated a selling signal on USD/JPY with the Tenkan line drifting below the Kijun line approximately for the USD/JPY 109.70 exchange rate level, a previous sensible exchange rate area; with that drift reversal, the Kijun Line has confirmed the bearish sentiment on USD/JPY, that could lead to a -1.25% drift onto USD/JPY 107.70. However, observing previous USD/JPY exchange rate developments, similar dynamics have led to a downtrend.
