Forex technical analysis: USDJPY moves above 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Getting a boost from equity optimism The USDJPY is trading above the 100 hour moving average (blue line in the chart below), which currently comes in at 117.849. The price moved above this moving average on Friday, but only for a brief moment after the better-than-expected US employment report.

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