Technical analysis of USD/JPY for October 09, 2017
USD/JPY is expected to trade with bearish bias below 112.85. The pair posted a V-sharp bearish reversal from 113.45 (the high of Oct. 6). In addition, the 20-period moving average has crossed below a 50-period one. The relative strength index shows a downside momentum. To conclude, as long as 112.85 holds on the upside, look […]