USDJPY is trying to create an ascending channel in the short-term, with strong resistance near the 127.56 barrier. The latest higher lows are showing some improvement and the moving averages are turning higher as well. The MACD oscillator is strengthening its positive momentum, while the RSI is surpassing above the neutral threshold of 50. In […]

The post USDJPY Holds Within Ascending Channel in Near Term appeared first on Action Forex.