Will USDJPY Stage a New Bearish Cycle?

<p>USDJPY topped twice around the 146.40 barrier from last November, but a negative trend reversal cannot be warranted yet. The RSI has changed direction to the downside after peaking near its 70 overbought mark, while the MACD has slowed down in the positive area. Still, the latter has not crossed below its red signal line, while […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/515548-will-usdjpy-stage-a-new-bearish-cycle/">Will USDJPY Stage a New Bearish Cycle?</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>