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Home ANALYSIS

USDJPY tests its overhead 100 day MA at 109.657 and finds sellers leaning

A.R Chowdhury by A.R Chowdhury
August 17, 2021
Reading Time: 1 min read
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First look at the 100 day moving average finds willing sellers

First look at the 100 day moving average finds willing sellers

A move above is needed to keep the bullish momentum going today. The 38.2% retracement of the move down from last week’s high comes in at 109.75. The falling 100 hour moving average comes in at 109.888. Those would be upside targets on further momentum.  

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