“USDJPY dipped slightly in its latest intraday session after testing the 155.65 resistance level, which corresponds to the target highlighted in our previous analysis. The pair is currently seeking fresh bullish momentum that could support a breakout above this barrier, while also attempting to ease its pronounced overbought conditions on the relative strength indicators, where negative signals have begun to appear. Despite this, the overall bullish trend remains intact, supported by continued trading above the EMA50 and alignment with the ascending trend line on the short-term chart.”
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