The (USDJPY) price declined in its recent intraday trading, affected by the stability of the current resistance level at 148.13, gathering the gains of its last rises, attempting to gain positive momentum that might assist it to keep the solid bullish correctional wave, besides its attempt to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signal from it.
The domination of the bullish correctional trend supports the price, accompanied by its upcoming intraday trading, especially when breaching the resistance at 148.13, to target the next resistance at 150.00.
Origin: Economies
