Technical Analysis – USDJPY maintains bullish sentiment; ascent eases at 61.8% Fibonacci
USDJPY has settled at the 109.35 level, which is the 61.8% Fibonacci retracement of the down leg from 112.39 to 104.64. The positive picture is intact despite the stalling in the price, which is aided by the flattened Kijun-sen line and easing in the short-term oscillators. The MACD is above its red trigger line deep […]