Backs off after check of the 200 hour MA
The USDJPY moved to a brand new session excessive however stalled on the 100/200 hour MA space within the 109.485-529 space. The excessive reached 109.537. The value has rotated again down.
The run to the resistance is congruent with the check of the low for the day. The 109.14-189 degree was residence to the 38.2% and different swing ranges. The low reached 109.124. That was not sufficient for the sellers. The sellers tilted again to consumers and the rally greater was began.
So the strains at the moment are drawn with 109.14 and 109.529 the extremes.
In between, watch the 109.38 shie was a low from January 23rd