{"id":24293,"date":"2011-10-06T00:00:40","date_gmt":"2011-10-06T04:00:40","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=24293"},"modified":"2011-10-06T00:00:40","modified_gmt":"2011-10-06T04:00:40","slug":"usdjpy-is-facing-the-trend-line-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/10\/06\/usdjpy-is-facing-the-trend-line-support\/","title":{"rendered":"USDJPY is facing the trend line support"},"content":{"rendered":"<p>USDJPY is facing that support of the uptrend line on 4-hour chart, as long as the trend line support holds, the fall from 77.25 is treated as consolidation of uptrend, one more rise towards 77.85 is still possible. However, a clear break below the trend line will indicate that a cycle top has been formed at 77.25, and the rise from 76.09 has completed, then deeper decline towards 75.96 key support could be seen.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2011\/10\/20111006_usdjpy_1.gif\" alt=\"usdjpy\" width=\"400\" height=\"300\" \/><\/p>\n<p>Provided by <a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDJPY is facing that support of the uptrend line on 4-hour chart, as long as the trend line support holds, the fall from 77.25 is treated as consolidation of uptrend, one more rise towards 77.85 is still possible. However, a clear break below the trend line will indicate that a cycle top has been formed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/10\/06\/usdjpy-is-facing-the-trend-line-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDJPY is facing the trend line support&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-24293","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=24293"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24293\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=24293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=24293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=24293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}