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USDJPY trades to lowest level since September 23. What would keep the selling going now?

The USDJPY has moved to a session low of 141.79. That is just above the swing low from September 23 at 141.73.

Below that level is the 38.2% of the move up from the August low at 141.15, followed by the key (and rising) 100 day MA at 140.735. The last time the price tested that key 100 day MA was back on August 2. The price bounced off that MA level and started the trend move that ultimately peaked at 151.938. That high was the highest level since 1990. Ahead of that MA is the 50% o... Read More

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Usdjpy

Trades

Lowest

Level

Since

September

What

Would

Keep

Selling

Forex

Posted: Nov 10 2022, 15:09

Author Name: forexlive

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