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USDJPY remains between 100 and 200 are moving averages

The USDJPY remains between its 100 and 200 hour moving averages (blue and green lines in chart above) with the buyers looking to make a play as it moves toward the high for the day and key topside resistance target.Looking at the hourly chart, the correction low from Friday's trade reached 134.616. The low prices from yesterday's trade reached 134.63 and 134.65 respectively. Today's lows reached 134.71 and 134.75. There is a swing area between 134.616 and 134.724. The 100 hour moving average (bl... Read More

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Usdjpy

Remains

Between

Moving

Averages

Forex

Posted: May 9 2023, 13:30

Author Name: forexlive

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