USDJPY tests the 100 hour MA. Traders looking for a break to increase bearish bias
100 hour moving average at 103.663
Earlier today, the pair reestablished the downward sloping trendline as resistance (see red numbered circles). The inability to move above that trend line gave sellers to go ahead 2 push lower. Yesterday the pair broke above that level only to find resistance near a swing high area near 103.93. That breaks failed (see red shaded
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