USDJPY Declines in Ascending Channel in Near Term

<p>USDJPY is falling for the fourth consecutive day, meeting the 20- and 40-day simple moving averages (SMAs) following the pullback off the 115.65 resistance level. The technical indicators are mirroring the latest weak momentum, as the RSI is flattening near its neutral threshold of 50, while the MACD is holding near its zero level. Also, […]</p>
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