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Day: January 5, 2022

USDJPY Looks Overbought after Sharp Ascent; Bullish Overall

USDJPY resumed its broad positive trend after the bulls drove aggressively to a five-year high of 116.33 on Tuesday, marking seven consecutive days of gains. Despite the fast ascent, the pair could not close above the 116.11 limitation taken from late 2016 and start of 2017, with the price sliding back to the negative territory during the …

USDJPY Looks Overbought after Sharp Ascent; Bullish OverallRead More

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