USDJPY Advances after the Rebound Off the 200-day SMA

USDJPY recently bounced off the 200-day simple moving average (SMA) after the fall towards the three-and-half-month low of 133.55. The price is trying to create a bullish correction as in the short-term timeframe the bias is bearish. Technically, the MACD is gaining some momentum above its trigger line in the negative region, while the RSI is […]

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