Technical analysis on USDJPY for May 26th, 2023.
Red lines- bullish channel USDJPY is trading around 139.75. Short-term trend remains bullish as price continues to trade inside the red upward sloping channel. The momentum remains bullish but it is weakening according the bearish RSI divergence. This divergence is not a bearish sign, but only a warning. As long as price is inside the […]