The EURUSD reached the underside of an old trend line, and at 1.1282….
EURUSD finds sellers against the underside of trend line
..is showing slowing of momentum on 5 minute chart as well.
USDJPY falls below trend line and 100 bar MA (blue line) on 5 minute chart.
The USDJPY is inching higher but remains below trend line at 118.56. Above that the 118.75-85 also will need to be broken.
USDJPY still has trend line and 118.75-85 to contend with above. On the downside, the 100 hour MA at 118.04 is key.
