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The USDJPY shows new positive signals -Analysis-06-04-2026
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The USDJPY shows new positive signals -Analysis-06-04-2026
Apr 5, 2026 9:52 PM

USDJPY moves in tight sideways area on its recent intraday levels, attempting to gain bullish momentum that might help it to resume its gains in the upcoming near period, supported by its continued trading above EMA50, which provides dynamic base that reinforces achieving this scenario, especially with the dominance of the main bullish trend on short-term basis and its trading alongside supportive trend line for this path, accompanied by the emergence of positive crossover on the relative strength indicators, after offloading the overbought conditions, which opens the way for targeting new resistance levels.

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