200 day MA and 38.2% retracement stalls the EURJPY rally
I missed this one from earlier in the day.
The EURJPY rallied up toward a pretty juicy technical level defined by the 200 day MA at 117.83 and the 38.2% retracement at 117.91. The market price moved up to a high of 117.813 – just a pip or so away from the 200 day MA and less than 10 pips from the 38.2% retracement.