The USD/JPY currency pair raised to the resistance level formed by the 200-hour SMA near 107.30.
During Tuesday morning, the pair was testing the given resistance.
Economic Calendar
This week, data releases are scheduled to start on Tuesday. However, the US CPI data sets have not caused notable moves. Normal volatility remains intact during the release.
On Thursday, the publication of the US Retail Sales and Unemployment Claims at 12:30 GMT.
Take a look at all of the historical reaction tables by clicking on the link below.
USD/JPY short-term daily review
On Monday, the USD/JPY currency pair raised to the resistance provided by the 200-hour SMA near 107.30. During today's morning, the pair was testing the given resistance.Hourly Chart
On Tuesday, on the Swiss Foreign Exchange 53% of open position volume was in short positions
Meanwhile, trader set up pending orders in the 100-pip range were bearish, as 60% of orders were to sell.