The Traderszone Network

Published in TZ Latest News 22 October, 2015 by The TZ Newswire Staff

Forex technical analysis: The USDJPY inches closer to the 200 day MA

A close above 120.60 would be the highest close since August 31
Is the USDJPY logjam loosening up?   on the fun facts for the USDJPY and mentioned the high close since August 31 came in at 120.60. Well we are above the 120.60 level.  The 200 day MA is the next fun fact hurdle to get to and through. That level was broken on 5 separate occasions in September – each failing.