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Forex technical analysis: USDJPY moves away from 100 hour MA, but...

Discussion in 'Technical Analysis' started by ForexLive, Feb 25, 2016.

  1. ForexLive

    ForexLive Forum Member

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    ...corrects back lower. Can the MA hold below?.... The USDJPY moved further away from the 100 hour MA ( blue line chart below) - helped by the solid durable goods report from the US - but the price has corrected back lower after the initial surge.

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