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USD/JPY Technical: Potential Continuation of the Bearish Trend

USD/JPY Technical: Potential Continuation of the Bearish Trend
The +326 pips rebound seen in the USD/JPY from the 14 July 2023 low of 137.24 has reached a minor key inflection point. Short-term momentum (hourly RSI) has turned bearish. 60 is the key short-term resistance to watch. The USD/JPY has staged the expected corrective rebound after a test on the 200-day moving average and […] The post USD/JPY Technical: Potential Continuation of the Bearish Trend appeared first on Action Forex... Read More
Posted: Jul 21 2023, 02:48
Author Name: actionforex
Views: 0809100

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