 USDJPY recently bounced off the 200-day simple moving average SMA after the fall towards the three-and-half-month low of 133.55. The price is trying to create a bullish correction as in the short-term timeframe the bias is bearish. Technically, the MACD is gaining some momentum above its trigger line in the negative region, while the RSI is ... The post USDJPY Advances after the Rebound Off the 200-day SMA appeared first on Action Forex... 