USDJPY turned green after its latest sharp bearish wave paused at an almost two-month low of 130.38 on Tuesday, with the price quickly recouping Monday’s losses in the aftermath. While the RSI and the Stochastic oscillator are flagging oversold conditions as the indicators pivot northwards after tumbling to 30 and 20 respectively, there are several obstacles […]
The post USDJPY Pivots North But Don’t Get Excited Yet appeared first on Action Forex.
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