USD/JPY Susceptible to Larger Correction as RSI Develops Downward Trend - DailyFX

Developments in the RSI raises the scope for a larger pullback in USD/JPY as the momentum indicator establishes a downward trend.

Japanese Yen Talking Points USD/JPY initiates a series of higher highs and lows after snapping the opening range for May, but recent developments in the Relative Strength Index (RSI) raises the scop… [+3487 chars]

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