Support trend line eyed at 113.32
The USDJPY is trading back near unchanged on the trading day at 113.42.
The high price – reached in the London morning session – ran into the high from March 16 at the 113.81 level and backed right off (the high reached 113.796 – close enough). The low for the day also stalled at a “meaningful” technical level. It stalled at a lower trend line on the hourly chart. That trend line currently comes in at 113.33.