None
EN
USD/JPY, USD/CAD and USD/CHF Forecasts – Joint Intervention Tests 155 Support in USD/JPY
['Christopher Lewis', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
USD/JPY Technical AnalysisUSDJPY experiences a sharp sell-off, breaking below 160.00 and retesting its 200-day EMA support.
This is the first time that the Americans have acknowledged being involved in it, and it is worth noting that the market stopped right at the 155 Yen level.
So, this was a big support level that has held so far.
USD/CAD Technical AnalysisUSDCAD tests dynamic support at the 50 EMA near the 1.4000 psychological level following a retracement.
USD/CHF Technical AnalysisUSDCHF pulls back after testing resistance at 0.8150, consolidating near the 50-day EMA.