USDJPY has been plunging since early January when it recorded a five-year high of 116.33. Despite posting a moderate rebound after the pair found its feet at the 113.47 level, the price dipped again as positive momentum evaporated. The decline is likely to resume as short-term oscillators indicate a bearish near-term bias. The MACD histogram […]
The post USDJPY Slopes Downwards after Short-Term Rebound Falters appeared first on Action Forex.
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