{"id":80773,"date":"2015-11-09T23:09:36","date_gmt":"2015-11-10T04:09:36","guid":{"rendered":"http:\/\/countingpips.com\/?p=80773"},"modified":"2015-11-10T06:31:39","modified_gmt":"2015-11-10T11:31:39","slug":"usdjpy-faces-bear-threats-on-corrective-pullback","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/usdjpy-faces-bear-threats-on-corrective-pullback\/","title":{"rendered":"USDJPY Faces Bear Threats On Corrective Pullback"},"content":{"rendered":"<div id=\"inves-879157656\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 9, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>USDJPY: The pair lost upside momentum following its failure at 123.59 level to close lower on a rejection candle on Monday. While the 123.59\/78 zone caps, we think more weakness should follow. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level. A cut through here will turn focus to the 121.50 level and possibly lower towards the 121.00 level. On the upside, resistance resides at the 123.50 level where a cap may be occur again. Further out, we envisage a possible move towards its range top at the 124.00 level. Further out, resistance resides at the 124.50 level with a turn above here aiming at the 125.00 level. On the whole, USDJPY looks to pullback following its strong rally the past week.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/11\/USDJPYDaily1.png\" alt=\"null\" \/><br \/>\nBy <a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\">www.fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDJPY: The pair lost upside momentum following its failure at 123.59 level to close lower on a rejection candle on Monday. While the 123.59\/78 zone caps, we think more weakness should follow. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level. A cut [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-80773","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=80773"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80773\/revisions"}],"predecessor-version":[{"id":80791,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80773\/revisions\/80791"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}