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USDJPY in a truce to catch its breath -Analysis-09-05-2025
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USDJPY in a truce to catch its breath -Analysis-09-05-2025
May 25, 2025 7:40 PM

The (USDJPY) price declined in its recent intraday trading, attempting to gather the gains of its previous rises, to gather its positive strength that might help it to resume the strong bullish wave, and it attempts to offload some of its clear overbought conditions on the (RSI).

This performance comes amid the dominance of the bullish correctional trend on the short-term basis, with its stability above the resistance of 145.50, this level represents 50% Fibonacci correction level for the last bearish wave on the short-term basis(from 151.20 to 139.88)

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