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USD/JPY Testing 78.88 Support of a Narrow Short-term Range
posted by
FXTimes
672 days ago
in USD, JPY, Technical
made popular 671 days ago
- We know that heading into this range, we had a 5-wave decline that established bearish momentum. The 1H RSI reading dipped below 30, and since has not broke above 60, suggesting bearish bias.
- IF the USD/JPY closes below 78.85 with a strong bearish candle, it is likely to...
