USD/JPY extends range trade above 21-EMA, bias neutral Federal Open Market Committee (FOMC) Minutes released on Wednesday favored the Fed hawks. Technical Analysis:
USD/JPY is grinding sideways for the 4th straight session
GMMA indicator shows major trend is bullish, while minor trend has gone neutral
Momentum is in favor of bulls, volatility is low
Bearish RSI divergence keeps scope for more weakness
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