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USDJPY Ticks Marginally Up, But Momentum is Weak

USDJPY Ticks Marginally Up, But Momentum is Weak
USDJPY is moving slightly higher within the medium-term downward sloping channel, but the momentum is weak to continue the bullish structure above the 50.0% Fibonacci retracement level of the upward wave from 114.64 to 151.93 at 133.10. The MACD is rising somewhat above its trigger line in the bearish area; however, the RSI is flattening […] The post USDJPY Ticks Marginally Up, But Momentum is Weak appeared first on Action Forex... Read More
Posted: Jan 11 2023, 08:50
Author Name: actionforex
Views: 110489

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