The (USDJPY) rose in its last intraday trading, approaching from testing the key resistance of 153.20, supported by its stability above its EMA50, reinforcing the continuation of the dominant bullish trend on the short-term basis, especially with its trading alongside supportive minor trendline for this positive track, as a signals for the continuation of the dominant bullish momentum until now.
On the other hand, the relative strength indicators are showing negative signs after reaching overbought levels, which might limit the potential gains on the near-term basis, indicating signs of a potential temporary corrective moves before resuming the rise again.
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