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Forex Trading: USDJPY down hard, then up hard

Posted by Greg Michalowski on Tue, 05/06/2008 - 12:27pm in

The USDJPY sold off hard through 100 and 200 moving average, got to with 10 pips of the trendline (see post from 9:07 AM by clicking here) and bounced hard.  Now testing the 100 hour moving average on the upside.