USD/JPY Technical: Bearish Elements Sighted at Key Resistance Zone

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<p>Last Friday, 27 Oct price actions of the USD/JPY led to the formation of a weekly bearish reversal “Shooting Star” candlestick right at a key resistance zone of 150.30/150.90. Medium-term momentum has turned lacklustre as indicated by the bearish divergence condition seen in the daily RSI. Watch the potential downside trigger level of 149.30 (20-day […]</p>
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