USDJPY nearly makes it to the 100 hour MA after minutes - ConsultFX

USDJPY nearly makes it to the 100 hour MA after minutes

The road to the target has not been a smooth one Earlier the USDJPY broke to new session highs and extended a narrow trading range. A key target would have been the 100 hour MA (blue line in the chart below).  However, the extended gains above the earlier high was retraced, with the price moving back Copyright 2015 Forexlive.com