USDJPY falls below the 100 hour moving average and targets the 200 hour MA next ...Middle East

The USDJPY stalled the rally near a swing area earlier today near 147.886. The subsequent fall helped by the tamer US PPI data took the price toward the rising 100 hour MA (blue line at 147.037). The move below that level, opened the door for the lower 200 hour MA at 146.67. The low just reached 146.69. Getting below that lower MA level (green line), would increase the bearish bias once again. In the short video, I outline the technical levels in play along with the risks. This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about usdjpy falls below the 100 hour moving average and targets the 200 hour ma next was published today ( Tuesday 13/08/2024 - 08:20 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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