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USDJPY - Great potential!
-Looking at the hourly chart, the lows for the week on Monday and again on Tuesday stalled right near its rising 200 hour moving average (green line currently at 113.509).
-The price action did trade above and below the 100 hour moving average about of significance in trading today is that the low for the day did stall comfortably above that moving average line – indicative of buying interest.
-Additionally, the price has moved above a swing area between and 113.773 and 113.806. Admittedly, the price has moved down toward that level and even below it over the last hour or so, but is trading back above the level at 113.847 currently.
-Our price target stays at: $122
-The price action did trade above and below the 100 hour moving average about of significance in trading today is that the low for the day did stall comfortably above that moving average line – indicative of buying interest.
-Additionally, the price has moved above a swing area between and 113.773 and 113.806. Admittedly, the price has moved down toward that level and even below it over the last hour or so, but is trading back above the level at 113.847 currently.
-Our price target stays at: $122
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。