Technical analysis of USD/JPY for October 20, 2017
USD/JPY is expected to continue the upside movement. The pair is trading above its rising 20-period and 50-period moving averages, which play support roles and maintain the upside bias. The relative strength index is above its neutrality level at 50 and lacks downward momentum. To conclude, as long as 112.70 is not broken, look for […]