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USDJPY reaches the 200 hour MA/50%

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Old 31-07-2020, 16:09
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Default USDJPY reaches the 200 hour MA/50%

The 38.2% held support on the intraday correctionThe USDJPY got close to the 200 hour MA/50% retracement earlier in the day, but backed of. The modest correction took the pair back toward the broken 38.2% at 105.458 and found buyers. The move back to the upside reached 105.822. The 200 hour MA is at 105.836.

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