USDJPY has been moving sideways over the last week, holding within the 61.8% Fibonacci retracement level of the upward wave from 114.64 to 151.93 at 128.70 and the 131.20 resistance level. The pair exited from the medium-term downward sloping channel but the momentum is too weak to support more gains. Regarding the technical oscillators, the […]
The post USDJPY Lacks Clear Direction in Near Term; Neutral Bias appeared first on Action Forex.
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