The 100 hour MA did not hold for long. DUMP.
The USDJPY held the 100 bar MA for a few minutes, then started the DUMP. The pair moved from 106.13 to 105.69. Not a bad move for a Thursday afternoon.
See prior post: "USDJPY traders fighting it out"
The GBPJPY has also moved lower - helped by the technicals. The 50% of the days range found sellers and more sellers trend line and 100 bar MA.
