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EURJPY tumbles below 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Sep 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    EURUSD falling to new lows as well The EURJPY has moved below the 200 day MA at 135.805 and is seeing more selling momentum. The pair next looks toward the 100 hour moving average at the 135.50 level (blue line in the chart. A break below it, and the 135.198 will be targeted. This is the 38.2% oof the move up from September 4.

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