Technicals help. USDJPY stalling at 200 hour MA helps the reversal
The USDJPY fell to the 200 hour MA for the 3rd look at the MA today. The price held at 107.266,and we are seeing the price move back higher. We currently trade at 107.64
The GBPUSD rose above the 1.4000 level but stalled ahead of its 100 hour MA at 1.4015. The high reached 1.4008. Sellers have pushed the price back down to the . We trade at 1.3974 currently.
The EURUSD cracked above trend line resistance at 1.2343 - making new highs in the process, but could not reach the 200 hour MA at 1.23726> The high price reached 1.23594. The price is back below the trend line and trades at 1.2327.