{"id":102751,"date":"2020-08-04T05:15:24","date_gmt":"2020-08-04T09:15:24","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=102751"},"modified":"2020-08-04T11:27:32","modified_gmt":"2020-08-04T15:27:32","slug":"103762-usd-jpy-short-term-bullish-resistance-ahead","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103762-usd-jpy-short-term-bullish-resistance-ahead\/","title":{"rendered":"USD\/JPY Short-term Bullish, Resistance Ahead"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400\">USD\/JPY above 10-day SMA; 106.47 Monday high<\/span><\/li>\n<li><span style=\"font-weight: 400\">Falling trendline from June 05 under attack from bulls<\/span><\/li>\n<li><span style=\"font-weight: 400\">105.3 offers immediate support in the up-move<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">USD\/JPY is inching up with 0.13 Percent gain, trading near 106.10, in the pre-European session today.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Monday trading had pushed the pair above the 10-day SMA for the first time in two weeks. The new level is helping the recovery from the lowest quote since March 12 and is challenging a short-term descending trendline.<\/span><\/p>\n<p><span style=\"font-weight: 400\">106.75 is the immediate resistance offered by this trendline, with potential earlier selling pressure to emerge at lows posted in June and July &#8211; around 106.55\/60.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A close above these levels and successful prints above July top close &#8211; 108.15 can strengthen the bull case with more momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But, a fall below the current 10-day SMA of 105.82 can weaken the pair to 105.30 initially before testing the five-month low near 104.2.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/JPY above 10-day SMA; 106.47 Monday high Falling trendline from June 05 under attack from bulls 105.3 offers immediate support in the up-move USD\/JPY is inching up with 0.13 Percent gain, trading near 106.10, in the pre-European session today. The Monday trading had pushed the pair above the 10-day SMA for the first time in [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":83544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2675,1381],"tags":[],"class_list":{"0":"post-102751","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jpy","8":"category-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/JPY Short-term Bullish, Resistance Ahead - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103762-usd-jpy-short-term-bullish-resistance-ahead\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"USD\\\/JPY Short-term Bullish, Resistance Ahead\",\"datePublished\":\"2020-08-04T09:15:24+00:00\",\"dateModified\":\"2020-08-04T15:27:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/\"},\"wordCount\":146,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/USD-PKR-Range-bounds.jpg\",\"articleSection\":[\"JPY\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103762-usd-jpy-short-term-bullish-resistance-ahead\\\/\",\"name\":\"USD\\\/JPY Short-term Bullish, Resistance Ahead - 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