USDJPY buyers make a play with the break of a key MA. The EURUSD/GBPUSD are steady.
The USDJPY tumbled sharply last week after intervention fears out of Japan surfaced as the pair pushed above the 160.00 level. That warning triggered aggressive selling, driving the price down to 155.46ājust ahead of the 61.8% retracement of the move up from the February 12 low (155.505). Buyers leaned against that level, and the pair…
