Forex technical analysis: USDJPY tests a past ceiling area - ConsultFX

Forex technical analysis: USDJPY tests a past ceiling area

The level comes in at 112.93. The high today reached 112.92 The USDJPY has been trending to the upside today. Looking at the 4-hour chart, the pair moved above the 100 bar MA on the 4-hour chart at 112.47 and that has helped propel the pair up to other swing levels from the recent past (we trade Copyright 2015 Forexlive.com