The USDJPY squeezes back to the hourly MAs

Converged 100 and 200 hour MA give a level to lean against by sellers
The USDJPY fell toward the 50% retracement earlier in the day and found early buyers against the level at 107.03. The buying was able to extend above a swing area at 107.317-36. Sellers turned to buyers. The price has run higher.

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