USDJPY drifts back below 147.00 area; tests support trendline Technical picture signals bearish trend continuation USDJPY was unable to maintain its strength on Tuesday despite briefly surpassing the 147.00 level, as the 20-day exponential moving average (EMA) caused a retreat towards the support trendline from July 2023 at 144.75. The technical indicators cannot guarantee an immediate bullish rotation as […]

The post USDJPY Trapped in a Gloomy Trajectory appeared first on Action Forex.