USDJPY extended gains, attacking critical resistance at 148.50, with positive pressure from trading above EMA50
Negative signals on RSI may reduce upcoming gains
The (USDJPY) extended its gains in its last intraday trading, attacking the critical resistance level at 148.50, this level was our target in our previous resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this track, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might reduce the upcoming gains.
