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Forex technical analysis: USDJPY bounces off 50% and 200 hour MA

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

  1. ForexLive

    ForexLive Forum Member

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    Trades between 100 and 200 hour MA (Between the goal posts) The USDJPY moved lower in trading today. Technically, that move lower started against the 200 day MA which today is at the 120.808 level (see horizontal line on the hourly chart below).

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