USDJPY saw gains in last intraday trading, testing a bearish correctional trend line on a short-term basis
RSI reaching overbought levels may intensify negative pressures on price in upcoming period
The (USDJPY) reinforced its gains in its last intraday trading, supported by the emergence of the positive signals on the (RSI), to surpass the resistance of EMA50, testing bearish correctional trend line on the short-term basis, accompanied by the (RSI) reaching overbought levels, which will intensify the negative pressures on the price in the upcoming period.
Origin: Economies
