Category: 100hour
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USDJPY touches 100-hour MA target at 157.16, time for sellers to act
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In the introductory video, I explained how if the USD/JPY pair continues to move higher, the 100-hour moving average needs to hold resistance. Looking at the price action on Friday and again today, the highs and lows ignored the moving average line. With today’s decline, more selling momentum was found.…