As the new week begins, that breakout has come to the upside. Price has pushed above the 100-bar MA at 147.84, shifting the technical bias in favor of buyers. The key now will be whether momentum can build on this move, opening the door for a run toward higher resistance targets.
In the video above, I break down this setup and walk through why the move above the 100-bar MA signals a shift in control toward the bulls — and what levels to watch if follow-through buying takes hold.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about usdjpy technicals usdjpy moves above key ma target can the buyers keep the momentum was published today ( ) 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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