Buyers tested, but come in by the 100 bar MA on the 4-hour chart
The USDJPY broke yesterday, moving above 100 and 200 hour MAs, trend line, 38.2% of the move down from the Jan 27th high. The price stalled just below the next targets at the 100 bar MA on the 4-hour chart and the 50% of the same move lower.
Forex technical analysis: USDJPY bounces off support into Abe/Trump meeting
