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USDJPY breaks back above 200 week MA

Discussion in 'Technical Analysis' started by ForexLive, Jul 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Trend line approached. The USDJPY has pushed to new session highs and in the process, has moved above the 200 week moving average at the 106.69 level. The 107.00 area is another topside resistance target. A trendline in the daily chart slashes across near that price level.

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