 USDJPY realized massive gains in the past year, marching to a 32-year high of 151.94 in mid-October. Nevertheless, the pair has been experiencing a prolonged pullback since then, with the price hitting a fresh seven-month low of 127.21 before recouping some losses. The momentum indicators currently suggest that bearish pressures are subsiding. Specifically, the RSI is ... The post USDJPY Remains Suppressed by Restrictive Trendline appeared first on Action Forex... 