USD/JPY Threatening to Slide Further

Consolidation: After falling to 105.19 last week, USD/JPY has been rallying to 107.39 to start this week before retreating. Bearish Attempt: The 1H chart shows that the pair has now returned below the 200-, 100-, and 50-hour simple moving averages (SMAs), and the 1H RSI has broken below 40, which…

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USD/JPY Threatening to Slide Further

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