The USDJPY moves back below 107.00 swing line. Approaches 100 hour MA. - ConsultFX

The USDJPY moves back below 107.00 swing line. Approaches 100 hour MA.

Bias swinging back and forth pre-stock opening The USDJPY has swung higher and lower in trading today. The swings have taken the price below and above and back below the 107.00 area. That level has been (roughly) a dividing line for bulls/bears.