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Another key level in the down run today
The EURJPY is down testing the 200 day MA at 129.527. The price has dipped below the level and traded a little above and below the level.
The pair is stepping lower today.
- Stalled at topside trend line at highs
- Fell below trend line
- Fell below 100 hour MA
Now testing the key 100 day MA.
This article was originally published by Forexlive.com. Read the original article here.