# USD/JPY Trend Line Retest (October 11, 2013) Source: https://www.tradersway.com/resources/market-info/usd-jpy-trend-line-retest-october-11-2013/ Language: en Updated: 2013-10-11 Description: Explore USD/JPY Trend Line Retest (October 11, 2013). USD/JPY has. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. USD/JPY has recently broken below the long-term rising trend line on the 4-hour time frame, signaling that the uptrend may be over. Before heading any lower though, USD/JPY could still retrace to the broken support zone. The US government is still shut down and the debt ceiling deadline is approaching. The lack of a deal could weigh on the dollar and reinforce the pair’s selloff. Stochastic is already in the overbought region but has yet to cross lower. ![USD/JPY Trend Line Retest (October 11, 2013)] Setting a limit order for a short at 98.00 could yield a good reward on risk with a 75-pip stop and a large target of 95.00. This would yield a 4:1 ratio. *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-trend-line-retest-october-11-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/usd-jpy-trend-line-retest-october-11-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-jpy-trend-line-retest-october-11-2013/", "headline": "USD/JPY Trend Line Retest (October 11, 2013)", "inLanguage": "en", "datePublished": "2013-10-11T11:23:44+00:00", "dateModified": "2013-10-11T11:23:44+00:00", "articleSection": "Market Info", "description": "Explore USD/JPY Trend Line Retest (October 11, 2013). USD/JPY has. 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