The Traderszone Network

Published in TZ Latest News 16 March, 2017 by The TZ Newswire Staff

USDJPY bouncing off 100 day MA

Two looks at the level. Two bounces.
The USDJPY fell below the 100 day MA in the early London trading but bounced quickly.
The price just went back down and tested once again. There was a 2 pips move below the line.  No follow through selling. We are seeing a move back higher.