Forex technical analysis: USDJPY tests 200 bar MA on 4-hour chart - ConsultFX

Forex technical analysis: USDJPY tests 200 bar MA on 4-hour chart

The MA was support last week The USDJPY has returned back to the 200 bar Moving average on the 4-hour chart at 113.18.  Last week moving average held support and the price bounced.  Earlier today, the pair moved back below the moving average line - turning support to resistance. This is the test. Copyright 2015 Forexlive.com