The USDJPY trades back below swing area and 100 hour MA
100 hour MA at 106.857 is close risk for shorts
The USDJPY has moved lower in trading today (risk off flows? Perhaps). In the process, the price fell back below the broken 38.2% at 107.01 (call it 107.00) and a swing area at 106.91 to 106.988. The 100 hour MA was also breached at 106.857. That
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