USDJPY is hovering within the 20- and 40-day simple moving averages (SMAs) after the bounce off the 113.45 support level that posted on Friday, creating an impressive spike. If the price jumps above the 20-day SMA, it could confirm a bullish doji pattern which is behaving as a reversal formation. Regarding the technical indicators, the […]
The post USDJPY Struggles within SMAs after Bullish Doji appeared first on Action Forex.
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