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Forex technical analysis: USDJPY tests MA resistance

Discussion in 'Technical Analysis' started by ForexLive, Sep 16, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Tests 200/100 MAs The better than expected CPI sent the USDJPY higher. For the USDJPY, it moved up to the next targets against the 200 and 100 hour MA as the 102.195-241 level. The price stalled on the first look (green and blue line in the chart below).

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