USDJPY Technicals: The USDJPY falls back to the low for the day and the rising 100 hour MA
The USDJPY moved lower earlier in the session, but the decline found willing buyers at the 100-hour moving average, a level that has proven important in recent trading. This same moving average held as support on Wednesday last week, triggering a bounce higher. Today’s test produced a similar reaction, with buyers stepping in once again….
