USDJPY Smashes Through Heavy Resistance

<p>USDJPY finally snapped the 146.40 bar after a three week-long battle, stretching its uptrend towards the 147.70 constraining area for the first time since November 2022. Notably, this is where the pair peaked in 1998. Despite Tuesday’s quick bounce in the price, the MACD could not climb above its red signal line. On the other hand, the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/517502-usdjpy-smashes-through-heavy-resistance/">USDJPY Smashes Through Heavy Resistance</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>