USD/JPY Testing a Rising Trendline from November

Holding below 100: The 4H USD/JPY chart shows that price fell to 98.85 and then pulled back to test the 200-SMA in this time-frame, around 100.40-45, in a bearish channel. After a brief consolidation, the USD/JPY fell back below 100 and is pushing back toward the 98.85 low. Price action and momentum…

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USD/JPY Testing a Rising Trendline from November

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