…Can it hold intraday support now? and build from it.
The USDJPY – like the EURUSD – has seen a correction in the last hour of trading. The price, in the process, moved above the 100 bar MA on the 5-minute chart (blue line). The price high stalled ahead of the 200 bar MA.
Forex technical analysis: USDJPY retraces above intraday resistance….
