Technical Analysis

USDJPY runs to the downside after test of 200 hour moving average stalls the rise



USDJPY is trading toward the 100 hour moving average The USDJPY moved higher in the Asian session. The Bank of Japan kept rates unchanged and did not address any thoughts of tightening.  The rise did extend toward the 115.00 level and also the falling 200 hour moving average. The high p
Source: www.forexlive.com


 

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