![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjC4D_J2-WbLwrGKcdz-HEQmaZmuV7migNw0tVd_cZTwD9tX3MFb6pDCrVKanUIDknsNolHEnzis6IQtRKgRVsRzME8qUyEmOYEKJGAUn1rY-qSx1ETTehyJbIl5PpP1sGdFXhDEeDRfFSh/s640/USDJPY+Weekly+chart.png)
- USDJPY Daily resistance line and cloud acted as resistance for the pair. News event did not take the pair above its daily cloud.
- Now crucial support for the pair is at 100 as discussed in yesterday's post. the 50% Fib level in month chart is at 100. Further weakness for the pair only if price starts to trade below this level.
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