USD/JPY technical evaluation: Buck is difficult Tuesday’s highs forward of the FOMC Minutes

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    USD/JPY is trading at each day highs difficult the 107.40 resistance.
    The FOMC Minutes are scheduled at 18:00 GMT; the information can result in some volatility in USD-related forex pairs.

     

    USD/JPY each day chart

     

     

    USD/JPY is trading in a bear pattern under the 100 and 200-day easy transferring averages (DSMAs). Nonetheless, the market is looking for some help close to the 50 SMA on the 106.90 degree. The FOMC Minutes are scheduled at 18:00 GMT. The information can result in some volatility in USD-related forex pairs.

     

     

     

    USD/JPY four-hour chart

     

     

    USD/JPY is difficult the 107.40 resistance and the 50 SMA on the four-hour chart. A break above the extent can result in the 107.70 resistance on the way in which up, in line with the Technical Confluences Indicator.

     

    USD/JPY 30-minute chart

     

     

    The USD/JPY forex pair is trading above its important SMAs, suggesting bullish momentum within the close to time period. Quick helps are seen on the 107.20 and 107.00 value ranges, in line with the Technical Confluences Indicator. 

     

    Further key ranges

     

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