Tuesday, 29 March 2022

USD/JPY Rate Outlook Susceptible to RSI Sell Signal

A move below 70 in the Relative Strength Index (RSI) is likely to be accompanied by a near-term correction in USD/JPY as the oscillator offers a textbook sell signal.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...