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Forex technical analysis: The USDJPY inches closer to the 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    A close above 120.60 would be the highest close since August 31 Is the USDJPY logjam loosening up? on the fun facts for the USDJPY and mentioned the high close since August 31 came in at 120.60. Well we are above the 120.60 level. The 200 day MA is the next fun fact hurdle to get to and through. That level was broken on 5 separate occasions in September - each failing.

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