 USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to post a 32-year high of 151.94 in October. However, the pair has declined moderately from its recent multi-year peak, with the 200-day simple moving average SMA currently acting as a strong floor. The momentum indicators currently suggest that bearish forces are ... The post USDJPY Unable to Break Below 200-day SMA appeared first on Action Forex... 