The Traderszone Network

Published in TZ Latest News 10 March, 2016 by The TZ Newswire Staff

Forex technical analysis: USDJPY trades back below MA levels

Tests topside extreme. Comes back off.
The USDJPY is trading back below the 100 and 200 hour MA as the ups and downs continue. The pair moved up to the trend line and month high at the 114.40-54 area (high extended to 114.44) and then started to come down as the EURUSD dragged the dollar lower.