USDJPY has bounced from the resistance trendline today. The pair has triggered a sell signal on the RSI, and ADX has reversed, signalling that the bullish movement has ran out of steam. We anticipate downside today into the 113.200 level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.