“USD/JPY Seeks to Recover From Negative Momentum – Analysis – 06-01-2026”

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USD/JPY experienced choppy intraday trading as it attempted to overcome the negative pressure of the EMA50, resulting in heightened volatility. This occurs amid the dominance of the primary short-term bullish trend, with price trading along a supportive minor trendline on the intraday timeframe. Additionally, the Relative Strength Index has formed a positive divergence after reaching deeply oversold levels relative to price action, accompanied by emerging positive overlapping signals.

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