Technical Analysis – USDJPY under bearish control after closing below triangle; 106.90 support eyed

USDJPY closed clearly below the symmetrical triangle on Monday on the four-hour chart, letting the bears take control. The momentum indicators are currently backing the bearish mode as the RSI, the Stochastics, and the MACD are all decelerating, shifting the focus to the downside and particularly to the 106.90 key support level which provided a […]