MAs stall the fall earlier. Trend line stalls the rally.
The USDJPY has been trading down and up today.
The "down" found support at the key 100 AND 200 hour MAs (blue and green lines in the chart above). Those levels come in at 113.698 and 113.739 currently. The low today reached 113.728.
The "up" has found sellers against a topside trend line (currently at 114.223). The hgih today has reached 114.21.
The details of the tax plan has been announced. The 10 year yield is hanging near earlier levels at 2.357%, down -1.44 bp. The low reached 2.3487%. The high 2.3776%
The S&P is still hanging around unchanged. The Nasdaq is back to unchanged (was down -17 points at the low). There is no change to the 401K plan which should be more supportive (all things equal).