USD/JPY Technical Analysis: Greenback losing some steam below the 112.00 mark

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY is testing the 50-day simple moving average.

USD/JPY 4-hour chart

USD/JPY is challenging the 200 SMA as the market is trading below the 50 and 100 SMA.

USD/JPY 30-minute chart

USD/JPY is trading below its main SMAs suggesting bearish momentum in the short-term.
Bears need to break below 111.20 to the downside to reach 111.00, 110.80 support.
Alternatively, a rebound from 111.20 would meet initial resistance at 111.50/70 and 111.90 level.

Additional key levels

USD/JPY

Overview
Today last price	111.33
Today Daily Change	-0.32
Today Daily Change %	-0.29
Today daily open	111.65

Trends
Daily SMA20	111.71
Daily SMA50	111.33
Daily SMA100	110.72
Daily SMA200	111.5

Levels
Previous Daily High	111.9
Previous Daily Low	111.54
Previous Weekly High	112.4
Previous Weekly Low	111.36
Previous Monthly High	112.14
Previous Monthly Low	109.71
Daily Fibonacci 38.2%	111.76
Daily Fibonacci 61.8%	111.68
Daily Pivot Point S1	111.49
Daily Pivot Point S2	111.34
Daily Pivot Point S3	111.13
Daily Pivot Point R1	111.85
Daily Pivot Point R2	112.06
Daily Pivot Point R3	112.22

Author

Flavio Tosti

Independent Analyst

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