Technical Analysis – USDJPY maintains weak bias in near term; broader trend is negative

USDJPY has been underperforming in the past few days, flirting with the mid-level of the Bollinger band, hovering around the 107.00 psychological mark. When looking at the last two weeks, the pair lacks a clear trend and has been consolidating after its bearish run from 109.85 stalled at 106.57. On the 4-hour chart, the RSI […]