USDJPY cracks above the 200 hour MA. This time with momentum. - ConsultFX

USDJPY cracks above the 200 hour MA. This time with momentum.

100 hour MA and trend line failed break, giving buyers the courage to push higher The USDJPY has cracked above the 200 hour MA and 50% retracement of the move down from the August 1 high. That break has helped to push the price to the highest level since last Wednesday and toward the 61.8% retracement