Forex Trading: USDJPY continues its rollercoaster ride
Posted by Greg Michalowski on Wed, 04/30/2008 - 2:08pm in

The USDJPY is tested the 200 hour moving average after flying through the 100 hour moving average. So far it has bounced. Over the last 24 hours the pair has extended below the key intermediate term moving averages (yesterday), then back above it today. Now it is has tested the downside again.
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