Forex technical analysis: USDJPY trades up and down between levels. Little impact from tax plan. - ConsultFX

Forex technical analysis: USDJPY trades up and down between levels. Little impact from tax plan.

MAs stall the fall earlier.  Trend line stalls the rally. The USDJPY has been trading down and up today. The "down" found support at the key 100 AND 200 hour MAs (blue and green lines in the chart above).  Those levels come in at 113.698 and 113.739 currently. The low today reached 113.728. Copyright 2015 Forexlive.com