USD/JPY Technical: Retesting 20-day Moving Average Support with Bearish Momentum

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-usd-jpy16.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-usd-jpy16.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-usd-jpy16-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key technical elements have turned bearish for USD/JPY ex-post suspected BoJ’s invention. USD/JPY bulls’ first defence line at the 20-day moving average acting as a 148.25 support looks vulnerable. The next immediate support to watch will be at 146.10/146.00 The USD/JPY has shaped the expected push-up and hit the key resistance zone of 150.00/150.30 as […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/521709-usd-jpy-technical-retesting-20-day-moving-average-support-with-bearish-momentum/">USD/JPY Technical: Retesting 20-day Moving Average Support with Bearish Momentum</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *