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USD/JPY Technical Analysis: Softening up at 113.50

  • USD/JPY intraday action has returned to the 200-period moving average  near 113.50, implying that the US Dollar has run out of steam, leaving the pair to slide back from Monday’s intraday highs of 113.83.

USD/JPY, 15-Minute

  • Hourly candles have the pair returning to the key 200-hour moving average near 113.30, but USD/JPY remains in a bullish stance with higher lows priced in from mid-November’s bottom of 112.30.

USD/JPY, 1-Hour

  • Looking further out, the pair sees a constraining pattern from 114.00 to 112.30, and the challenge for Dollar bidders will be to push the pair into a fresh challenge of 114.50.

USD/JPY, 4-Hour

USD/JPY

Overview:
       Today Last Price:  113.54
       Today Daily change:  3.0  pips
       Today Daily change %:  0.0264%
       Today Daily Open:  113.51
Trends:
       Previous Daily SMA20:  113.38
       Previous Daily SMA50:  113.07
       Previous Daily SMA100:  112.23
       Previous Daily SMA200:  110.43
Levels:
       Previous Daily High:  113.73
       Previous Daily Low:  113.34
       Previous Weekly High:  114.04
       Previous Weekly Low:  112.88
       Previous Monthly High:  114.25
       Previous Monthly Low:  112.3
       Previous Daily Fibonacci 38.2%:  113.58
       Previous Daily Fibonacci 61.8%:  113.49
       Previous Daily Pivot Point S1:  113.32
       Previous Daily Pivot Point S2:  113.14
       Previous Daily Pivot Point S3:  112.94
       Previous Daily Pivot Point R1:  113.71
       Previous Daily Pivot Point R2:  113.91
       Previous Daily Pivot Point R3:  114.09

 

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