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USDJPY moves back to the comfort of the 100/200 hour MAs

he USDJPY sellers tried to push prices lower yesterday, and broke below a swing area near 133.876, but could not sustain momentum. That has led to a bounce back higher in trading today that has now taken the pair back to the comfort of the 100/200 hour MAs ahead of the Michigan Consumer Confidence data at 10 AM. What next for the pair as the week heads toward the close? This article was written by Greg Michalowski at www.forexlive.com... Read More

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Posted: May 12 2023, 13:22

Author Name: forexlive

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