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USDJPY retests - moves above - the high for the day

Started by forex4you, Mar 12, 2022, 04:58 am

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forex4you

Mar 12, 2022, 04:58 am
USDJPY retests - moves above - the high for the day

USDJPY find support buyers near the 100 bar moving average


The USDJPY is retesting - now breaking above - the earlier high for the day at 117.055. That takes price to a new high going back to the week of January 8, 2017. A topside trendline on the weekly chart cuts across at 117.55 area

Source: USDJPY retests - moves above - the high for the day

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