EURJPY tests 100 and 200 hour moving average

BY admin admin

The 61.8% retracement of the move up from last week is also in play
The EURJPY shot higher last Thursday after the pair broke above its 200 hour moving average for the 1st time since April 13. The run to the upside peaked at 117.764.  In trading on Friday, the price stalled just ahead of that high at 117.755.

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