USDJPY

If we look at the 4-Hour chart of the USDJPY pair, we will notice that the upward momentum is almost exhausted. Although the daily averages have not been broken, we are close to closing below the 4-Hour EMA50.If we close below this red average, we will expect the price to pull back to around 134.50-134.80. Support: 135.77 – 134.80 - Resistance: 136.07 -