Forex technical analysis: USDJPY back below 200 day MA. - ConsultFX

Forex technical analysis: USDJPY back below 200 day MA.

Stay below is the risk for sellers now The USDJPY has moved below the 200 day MA at 111.70 after the weaker US PPI/claims data today.  Yesterday the MA was broken to the downside on follow thru selling from the BOJ trimming of bond purchases.  In the Asia-Pacific session today and into the London session the price Copyright 2015 Forexlive.com