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USDJPY Remains Above 200-SMA and Within Upward Channel

USDJPY Remains Above 200-SMA and Within Upward Channel
USDJPY is holding above the key 137.90 level and the 200-day simple moving average (SMA), suggesting that more bullish actions could come within the short-term upward sloping channel. However, the technical oscillators are showing some weakness as the RSI is pointing down, failing to jump above the 70 level and the stochastic oscillator is flattening […] The post USDJPY Remains Above 200-SMA and Within Upward Channel appeared first on Action Forex... Read More
Posted: May 24 2023, 07:27
Author Name: actionforex
Views: 081479

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