USD/JPY Challenges Key Trendline

Anchored in correction channel: The USD/JPY has been falling in a corrective channel since hitting the 96.71 high on 3/12. Recently it has been focused more toward the fall support as it starts to build bearish momentum in the 4H chart, as reflected by the 4H RSI holding under 60 after tagging 30….

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USD/JPY Challenges Key Trendline