“¢ Retreats back to test the key 110.00 psychological mark, representing a short-term ascending trend-line support extending from Tuesday’s European session swing low. “¢ A convincing breakthrough would negate prospects for any additional near-term gains and turn the pair vulnerable to resume with its prior depreciating slide. “¢ A sustained move back above the very important 200-day SMA would reinforce the ascending trend-line support and pave the way for an extension of the recovery move. USD/JPY 1-hourly chart Current Price: 110.04 Daily High: 110.25 Daily Low: 109.85 Trend: Bearish if breaks below trend-line support Resistance R1: 110.26 (200-day SMA) R2: 110.58 (R1 daily pivot-point) R3: 110.90 (June 15 swing high) Support S1: 109.85 (current day low) S2: 109.55 (S1 daily pivot-point) S3: 109.30 (50-day SMA) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Technical Analysis: BTC/USD gearing up for potential pump before another dump FX Street 3 years "¢ Retreats back to test the key 110.00 psychological mark, representing a short-term ascending trend-line support extending from Tuesday's European session swing low. "¢ A convincing breakthrough would negate prospects for any additional near-term gains and turn the pair vulnerable to resume with its prior depreciating slide. "¢ A sustained move back above the very important 200-day SMA would reinforce the ascending trend-line support and pave the way for an extension of the recovery move. USD/JPY 1-hourly chart Current Price: 110.04 Daily High: 110.25 Daily Low: 109.85 Trend: Bearish if breaks below trend-line… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
