200 day MA stalled the fall
The USDJPY has seen a recover and trades higher after the Trump inspired sell off yesterday. The claims data was better. PPI data? Not so much. Nevertheless, the USDJPY moved to new highs Having said that a trend line on the hourly chart that connects recent highs is ahead at the 109.29 level and the low from yesterday(pre-Trump) is overhead resistance. The high just reached 109.29.
Forex technical analysis: USDJPY makes new highs after data. Trend line approached.
