USD / JPY correction moves in
USD / JPY correction moves in

The USD / JPY was in the sales mode until the last move changed the view. The 4-hour RSI, which spent the last 3 weeks under 50%, managed to climb over 60% recently. Within the dominant sales trend, this movement can be interpreted as an overdraft, so the correction movement may be expected to close soon.
Additionally, on the 4-hour chart, the 50 SMA continues to lag behind the 200 SMA.

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