USD/JPY made a high in mid-October at 114.701 that was just shy of the November 2017 peak of 114.735. These 2 levels may offer resistance on a move higher. The price has recently moved under a previous low of 113.256 and is moving towards a past low of 113.004, that might provide support. Below that, there are 2 pivot points at 112.079 and 110.802 that are potential support. Recently, the price just touched the lower band of the 21-day simple moving average (SMA) based Bollinger Band. It has since moved back inside the lower band. As the SMA and the lower band start re-adjusting lower, it could suggest that the move ... (full story)