USDJPY bounces off the 200 hour MA. Key support stalls the fall. ...Middle East

The USDJPY fell sharply but after breaking below its 100-hour moving average at 150.283 and the 50% midpoint of the move up from Monday's low at 150.252, the buyers showed up near the 200-hour moving average at 150.129. The low price reached 150.14. The price is back above the 100-hour moving average 150.385 on the bounce.Recall that the high going back to October 2 reached 150.154, just above the low for the day. The 150.00 level is another downside target that if the 200-hour MA can be broken, would be the next downside target. This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about usdjpy bounces off the 200 hour ma key support stalls the fall was published today ( Thursday 02/11/2023 - 06:57 AM ) 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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Last updated : 02 Nov 2023 clock 06:57 AM

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USDJPY bounces off the 200 hour MA. Key support stalls the fall. ...Middle East

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