USDJPY price rose due to bullish correctional trend and trading above EMA50
Key resistance at 147.00 with positive signals on RSI
Dynamic support and overbought levels indicate potential for further increase in price
The (USDJPY) price rose in the last intraday levels, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, reaching the key resistance at 147.00, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.
