TipTVFinance

USD/JPY: Eyes confluence of trend line hurdle & 50-DMA

OANDA:USDJPY   USD/JPY
Pair’s jump above 101.20 levels suggests a temporary bottom is in place around 100.00 levels and the rally from 100.08 (Tuesday’s low) to 101.63 (current rate) is likely to run into wall of resistance at 102.05 (50-DMA + falling trend line hurdle), although reckon the hurdle at 102.05 could hold today given the 10-DMA is still sloping downwards.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out