The USDJPY resumes its strong gains – Analysis 03-09-2025

jpy_2_newsUSDJPY saw strong gains in last intraday trading, surpassing resistance levels and breaching bearish trend line

RSI reaching overbought levels temporarily reduced gains, but opened the way for more near-term gains

The (USDJPY) soras high in its last intraday trading, after its success in surpassing the negative pressure, as it managed to surpass the resistance of its EMA50, accompanied by breaching bearish correctional trend line on the short-term basis, and it kept rising until the (RSI) reaching overbought levels, which reduced gains temporarily until offloading this overbought conditions, opening the way for achieving more of the gains on the near-term basis.

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