USD/JPY Recovers Just Above 78

On the 1 hour chart range trading has formed, while on the 3 hour chart the downward channel is making renewal attempts. Break above today's top and nearest resistance 78.22 would encourage further 55 of the Dollar. Immediate support is yesterday's bottom at 77.43, and consistent break bellow it could strengthen the Yen further down towards next target 76.65.