The (USDJPY) price witnessed sharp losses in its last intraday trading, affected by breaking a main bullish trend previously, with the continuation of the negative pressure that comes from its trading below EMA50, to break the key support at 147.00. on the other hand, we notice the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, which provides an opportunity for the price to take a break from those consecutive losses temporarily.
