The (USDJPY) declined in its last intraday trading, due to the stability of the key and stubborn resistance at 153.25, attempting to look for rising low to take it as a base to gain the required bullish momentum to recover and rise again, amid the continuation of the bullish pressure due to its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside supportive minor trendline on the short-term basis, besides the relative strength indicators reaching exaggerated oversold levels compared to the price move.
Origin: Economies
