Forex technical analysis: USDJPY trades above 100 hour MA/200 day MA
Based against the 200 hour MA earlier today
The USDJPY is moving to new session highs and in the process is trading above its 100 hour MA (blue line in the chart below) and 200 day MAs at 112.035 and 112.065 respectively. The high just reached 112.146. Those levels are now close risk for intraday traders.