USDJPY breaks below key hourly MA. What next?

Name: USDJPY breaks below key hourly MA. What next?
Uploaded: 2023-05-10T13:23:52.000Z
Description: The USDJPY fell after the better-than-expected CPI. The fault of the price below its 100 hour moving average. A key break technically and that short-term. Stay below that level and the sellers remaining control today. Move above and we could see some disappointment on the failed break.

100 hour MA broken at 134.777

Greg Michalowski

The USDJPY fell after the better-than-expected CPI. The fault of the price below its 100 hour moving average. A key break technically and that short-term. Stay below that level and the sellers remaining control today. Move above and we could see some disappointment on the failed break.