Technical analysis of USD/JPY for November 27, 2017

USD/JPY is expected to trade with a bearish outlook. The pair has continued to grind lower after marking a low of 111.04 last Thursday (November 23). Currently, as shown on a 30-minute chart, it is supported by the ascending 20-period moving average, which stays below the 50-period one. Meanwhile, the relative strength index sink below […]