The USDJPY rallied hard in the early US session with the pair moving from a low near 150.00, above the 200-hour MA at 150.77 and then up to the high of a swing area between 151.17 to 151.33. Just above that is the 100-hour AM at 151.268. The high price today reached 151.238 and backed off. The subsequent move took the price to 150.86 which is right near the broken 38.2% of the November trading range. What next?Well, the range has been set. The 200-hour MA is support at 150.775. The 100-hour MA is resistance at 151.268There is also the 38.2% at 150.86 and the high of the swing area at 151.23, but the MAs are probably, the levels to eye.Yesterday the sellers were in control. Today, the buyers
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