We’ve been there and done that 7 of the last 8 trading days
The USDJPY was able to get back above the 200 day MA (at 121.04) for the 7th day of the last 8 trading days (yesterday was the exception). The pair has had 4 closes above the MA line, but momentum has stalled on each move.
Forex technical analysis: UH-OH. USDJPY falls back below 200 day MA, but finding support
