USDJPY retraces lower after trend line stalls the rally earlier - ConsultFX

USDJPY retraces lower after trend line stalls the rally earlier

Moves toward test of 100 hour MA The USDJPY moved higher in earlier trading today. That rally took the price to a test of the 61.8% retracement of the move down from the November 2017 high at 110.866, and a topside trend line that connected the that high to the high from May 2018. That trend