USD/JPY technical outlook
Neutrality and fading momentum are to be expected when the USD/JPY ended the week at the center of its three-month range. The MACD (Moving Average Convergence Divergence) recovered from a brief flirtation with selling but found no new interests. The Relative Strength Index (RSI) was flat after a limited spell below 50. True Range had a short and weak increase of momentum with Tuesday's and Wednesday's nearly identical fall and recovery but the subsided.#USD/JPY#
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