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USD/JPY Faces The 55-Day SMA Again

Discussion in 'Technical Analysis' started by Kaitlin, Jul 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The USD/JPY currency pair remained completely flat on Tuesday, due to lack of impetus, as US fundamentals broadly fell in line with expectations. Moreover, the pair is located under a couple of strong resistances, with the most important level among them being the 55-day SMA, as it kept the Greenback[​IMG]

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