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Forex technical analysis: USDJPY moves closer to the 200 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Jun 30, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Pair looks to test 200 hour MA after bouncing off the 100 hour MA The USDJPY took a tumble just prior to and after the London 4:00 PM fixing. The fall saw the price extend all the way down to the 100 hour MA currently at the 102.356 level. The low for the day came in at 102.344. Holds that line!.

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