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USD/JPY Technical Analysis: heading into the low end of sideways channel

  • The Dollar-Yen pairing is heading lower as the  greenback steps down across the board, dipping to a new intraday low of 112.46 in early Tuesday action.

USD/JPY, 5-Minute

  • USD/JPY developed a small bullish case over the past two weeks, but a stallout  at 113.70 sees the pair falling back quickly as investors flock to the safe haven.

USD/JPY, 30-Minute

  • USD/JPY is dropping into the low end of a channel that has been setting up since late October, locked in between the 114.00 handle and 112.25.

USD/JPY, 4-Hour

USD/JPY

Overview:
       Today Last Price:  112.62
       Today Daily change:  -13  pips
       Today Daily change %:  -0.115%
       Today Daily Open:  112.75
Trends:
       Previous Daily SMA20:  113.21
       Previous Daily SMA50:  112.99
       Previous Daily SMA100:  112.39
       Previous Daily SMA200:  110.79
Levels:
       Previous Daily High:  113.52
       Previous Daily Low:  112.68
       Previous Weekly High:  113.71
       Previous Weekly Low:  112.24
       Previous Monthly High:  114.25
       Previous Monthly Low:  112.3
       Previous Daily Fibonacci 38.2%:  113
       Previous Daily Fibonacci 61.8%:  113.2
       Previous Daily Pivot Point S1:  112.45
       Previous Daily Pivot Point S2:  112.14
       Previous Daily Pivot Point S3:  111.6
       Previous Daily Pivot Point R1:  113.29
       Previous Daily Pivot Point R2:  113.83
       Previous Daily Pivot Point R3:  114.13

 

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