USDJPY recovering toward the NY session highs

Discussion in 'Technical Analysis' started by ForexLive, Apr 7, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Slowly recovering... The day is almost complete but the USDJPY is scraping slowly higher. The move has taken the price above trend line and the 100 bar MA. The 200 bar MA is getting in the way now. The pair also is getting close to the high price for the NY session. That level came in at 108.566. The low for the day extended to 107.655.

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