USDJPY is moving sideways within a tight range of the 134.25 support and the 24-year high of 137.05, failing to post a higher high, suggesting an overbought market. The RSI indicator is pointing down in the positive region, while the MACD oscillator is holding below its trigger line above the zero level, indicating a weak […]
The post USDJPY Appears Overbought; Neutral-to-Negative Bias appeared first on Action Forex.
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