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USDJPY comes off MA resistance

Discussion in 'Technical Analysis' started by ForexLive, Apr 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The 100 bar MA on 4- hour chart puts on lid on the rally The USDJPY has been an innocent bystander as pairs like the EURUSD and GBPUSD loved what they heard from Draghi, then hated what he said after. Such is what happens when liquidity, event and market risk are high.

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