# USD/JPY Resistance Turned Support (September 16, 2013) Source: https://www.tradersway.com/resources/market-info/usd-jpy-resistance-turned-support-september-16-2013/ Language: en Updated: 2013-09-16 Description: Explore USD/JPY Resistance Turned Support (September 16, 2013). USD. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. USD/JPY is currently treading above the 98.80 area, which is right in line with a former resistance turned support zone. Stochastic is moving up from the oversold region, suggesting a potential bounce. Take note that Japanese traders are on holiday today, which opens the possibility for higher volatility for yen pairs. Traders are awaiting news on the Fed’s Septaper for the FOMC statement on Wednesday this week so the dollar could be extra sensitive to US data. ![USD/JPY Resistance Turned Support (September 16, 2013)] US Empire State manufacturing index and industrial production are due today. Weaker than expected data could worsen the dollar’s ongoing selloff while strong figures could keep USD/JPY above the support zone. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/usd-jpy-resistance-turned-support-september-16-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/usd-jpy-resistance-turned-support-september-16-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-jpy-resistance-turned-support-september-16-2013/", "headline": "USD/JPY Resistance Turned Support (September 16, 2013)", "inLanguage": "en", "datePublished": "2013-09-16T11:24:19+00:00", "dateModified": "2013-09-16T11:24:19+00:00", "articleSection": "Market Info", "description": "Explore USD/JPY Resistance Turned Support (September 16, 2013). USD. 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