USD/JPY, fight for return, but strong resistance hold!
If US dollar bulls brake 119.70/80, furder gains are possible here.This is important levlel for the bears to hold and to return the pair down to 119.20! As you can see, there is several trendlines wich is holding the pair on the way up, resistance level as well, h4MA200 is placed at 119.76. Could this be broken? US CPI and Markit manufacturing PMI better then expected gave US dollar the strenght for fight, again!