USDJPY moves up to the 200 hour MA.. and stops

Name: USDJPY moves up to the 200 hour MA.. and stops
Uploaded: 2023-05-05T13:33:13.000Z
Description: The USDJPY has moved higher after the US jobs reports, but found willing sellers near the broken 38.2% of the April to May trading range. The rise also found willing sellers near the 200 hour MA as well. What now? I speak to the pair and the options.

Technical levels in play after the US jobs report

Greg Michalowski

The USDJPY has moved higher after the US jobs reports, but found willing sellers near the broken 38.2% of the April to May trading range. The rise also found willing sellers near the 200 hour MA as well. What now? I speak to the pair and the options.