USDJPY continues its run lower

Technical Analysis

Author: Greg Michalowski | usdjpy

Cracks below its 200 and 200 day MAs now

The USDJPY run lower has continued with the cracking of the 200 day and 200 hour moving averages at the 108.32 area.  The next target comes in at the 50% retracement at 108.141.  

Cracks below its 200 and 200 day MAs now

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