Forex technical analysis: USDJPY recovers back toward MAs/1.1300 level - ConsultFX

Forex technical analysis: USDJPY recovers back toward MAs/1.1300 level

Base against the 200 bar MA on the 4-hour and 61.8% retracement The price of USDJPY has recovered more of the sharp fall. The pair is trading at the highest level in the London and New York sessions and is approaching the 113.00 level.  The hundred bar moving average of four hour chart is currently at Copyright 2015 Forexlive.com