Forex technical analysis: USDJPY breaks below 100 day MA

Discussion in 'Technical Analysis' started by ForexLive, Oct 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Stops triggered BREAK. The USDJPY broke below the 100 day MA at the 103.478 level and traders threw in the towel. Triggered stops. At the same time, the GBPJPY broke lower and that even dragged the GBPUSD below it's lower channel trend line.

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