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USDJPY buyers come in on break above resistance

Discussion in 'Technical Analysis' started by ForexLive, Mar 22, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    100 hour MA/38.2% broken. Price moved higher . Well it got above, and stayed above as selling shifted to buying. The topside trend line at 112.45 is the next upside target followed by the 200 hour MA at 112.62 currently. Stocks moving higher are helping.

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