The USDJPY price declined during its latest intraday trading, as the pair attempts to gain positive momentum that may help it maintain the main upward trend in the short term, especially as it moves along a supporting trend line for this path. This comes with the continuation of positive dynamic support as the pair trades above EMA50.

In the background, we also notice the emergence of positive signals from the relative strength indicators after the pair managed to relieve its overbought condition.