Greg Michalowski

Forex Trading: USD/JPY Hits 200day

By Greg Michalowski on | More Posts By | Forex News By FXDD

The USD/JPY pair has continued to appreciate to start the new fiscal year in Japan, currently sitting on its highs right above the 200 day moving average. The pair has not touched that indicator since June 2010 and a test of the December highs could be on the horizon as the markets await tomorrow mornings US Non-Farm Payroll report.

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