USDJPY Maintains Weak Bias; Broader Trend is Bearish Since End March

<p>USDJPY is extending a downside move in the 4-hour chart, after a sidelines trend over the last days and it has dropped beneath the bearish cross within the 20- and 40-period simple moving averages (SMAs). Also, the price declined below the Ichimoku cloud, which is currently acting as strong resistance for the bulls. The technical […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286784-usdjpy-maintains-weak-bias-broader-trend-is-bearish-since-end-march/">USDJPY Maintains Weak Bias; Broader Trend is Bearish Since End March</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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