Technical Analysis – USDJPY fluctuates near 109.00; capped by 23.6% Fibonacci
USDJPY recorded a stunning upside rally last month towards a one-month high of 111.70, recouping the previous strong losses to the 41-month low. In the preceding week, though, the pair was on the backfoot before it returned slightly up, and the technical indicators suggest a sideline move in the short-term. The RSI is currently flattening […]