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Forex technical analysis: USDJPY stuck between MAs before FOMC

Discussion in 'Technical Analysis' started by ForexLive, Dec 17, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Lots of MAs in the vicinity Technically, the USDJPY is about the 200 hour MA above at the 122.05. The 100 hour MA below at 121.35. and the 100 and 200 day MA (which are kissing each other) in between at 121.57. The current price is at the upper end of that range above the daily MA but below the 200 hour MA.

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