The USDJPY is stretching to a new low and in the process has started to run into the cluster of moving averages defined by the 100-hour moving average at 143.85, the 200-bar moving average on the four-hour chart 143.87 and the 200-hour moving average at 143.934. The low price of just reached 143.959 just short of the highest of the three moving averages
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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