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USDJPY extends above its 200 day moving average

USDJPY extends above its 200 day moving average
The USDJPY is moved above its 200 day moving average at 137.00 and above a swing area between 136.91 and 137.095 after higher prices (53.2 versus 49.0 estimate) and employment (50.2 versus 46.9 last month) in the April ISM report.That swing area will now be a risk defining level for buyers looking for more upside potential.The price is breaking. Can the momentum continue? This article was written by Greg Michalowski at www.forexlive.com... Read More
Posted: May 1 2023, 14:27
Author Name: forexlive
Views: 081812

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