Technical analysis of USD/JPY for February 26, 2018

USD/JPY is under pressure. The pair is capped by a bearish trend line, which confirms a negative outlook. The declining 50-period moving average should push the prices lower. The relative strength index lacks upward momentum. To conclude, as long as 107.10 is not surpassed, look for a further drop with targets at 106.10 and 105.75 […]