USDJPY Consolidates after Advance Pauses, Uptrend Intact

[PocketOption]

USDJPY Consolidates after Advance Pauses, Uptrend Intact

USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to reach consecutive multi-year highs. However, the pair has been trading sideways in the last few daily sessions as its rally appears to be running out of juice. The short-term oscillators currently suggest that bullish forces are waning but still retain control. Specifically, […]

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