USDJPY is losing some momentum after the rally towards the fresh 32-year high of 151.93 in the very near-term. However, the market is still rebounding on the 20-day simple moving average (SMA), confirming the long-term bullish outlook. According to the technical indicators, the MACD is heading south below its trigger line in the positive region, […]
The post USDJPY Fails to Improve Bullish Outlook But Still Above 20-day SMA appeared first on Action Forex.
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