The USDJPY moves below converged 100 and 200 hour MAs - ConsultFX

The USDJPY moves below converged 100 and 200 hour MAs

Back down testing the 200 day MA The tumble in the Philadelphia Business index, has sent the USDJPY lower. Earlier today, the 100 hour MA (blue line) provided support. Now the 100 and 200 hour MA are near the same level. The price has cracked back below those MA levels at 110.30.