USDJPY dips below the 200 hour MA. - ConsultFX

USDJPY dips below the 200 hour MA.

Moving deeper into the trading range The USDJPY has move below the 200 hour MA (green line in the chart below).  That MA comes in at 107.09. The price just dipped to a new low at 107.07. The next target comes in at 106.98-107.00. The 38.2% of the move up from the April low comes in