Forex technical analysis: USDJPY moves toward 100 hour MA target/test

Discussion in 'Technical Analysis' started by ForexLive, Dec 7, 2017.

  1. ForexLive

    ForexLive Forum Member

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    Back to where the market broke yesterday The USDJPY is moving toward the 100 hour MA. Recall from yesterday's trading, in the Asia-Pacific session, the pair fell below the 100 hour moving average, retested it, and then proceeded toward support against the 50% retracement at 111.959 and the 200 hour moving average at 111.97. The low

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