Simple Moving Averages Contain The Yen

The Usd/Jpy is trading back in the 90.00 area, flanked by the 20, 50 and the 100-day moving averages. This area has limited the pair’s moves. If Usd/Jpy finds the necessary momentum to push higher, it might reach the 92.50 area.

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Simple Moving Averages Contain The Yen

Tags: area, pair

This entry was posted on Thursday, March 11th, 2010 at 8:33 am and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.