The USDJPY traders are battling it out with hourly moving averages stalling the move higher, and the 100 bar moving average on the 4 hour chart, providing support. A key swing area on the 4 hour chart is also a key resistance area that would need to be broken to increase a bullish bias.
The USDJPY battle is on. In this video, I outline the key levels in play.
- What levels are in play as the buyers and sellers battle it out
