USDJPY price settled with gains in last intraday trading after retesting a main bullish trend line
Negative pressure continues due to trading below EMA50 and forming dynamic resistance
Negative signals on RSI suggest forming a negative divergence, indicating weakness in USDJPY
The (USDJPY) price settled with gains in its last intraday trading, after its success in retesting a main bullish trend line that has been broken previously on the short-term basis, amid the continuation of the negative pressure due to its trading below EMA50, forming dynamic resistance prevents its recovery on the near-term basis, especially with the emergence of negative signals on the (RSI), after reaching overbought levels exaggeratedly compared to the price move, to suggest forming a negative divergence.
