USDJPY Appears to Gain Some Steam; Back Near 128.00

USDJPY has lost its positive momentum after the impressive bullish rally towards the 20-year high of 129.40 on April 20, but today it is appearing positive again. In the short-term, the market could retain the negative momentum as the RSI dropped beneath the overbought region and the stochastic oscillator is approaching the oversold territory. Should the pair stretch south, the […]

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