USDJPY Losing Momentum

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<p>The US dollar is starting to lose upside momentum against the Japanese yen currency after the pair found strong resistance from the 109.00 level. A sustained loss of the 108.90 level could see the USDJPY pair quickly falling to trendline support around the 107.60 level. Traders should also note that a bearish double-top pattern formation […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285743-usdjpy-losing-momentum/">USDJPY Losing Momentum</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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