Weekly Recap Technical Analysis: The US Dollar Recovers, Bitcoin Breaks All-Time High, And Gold Continues to Fluctuate
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Weekly Recap Technical Analysis: The US Dollar Recovers, Bitcoin Breaks All-Time High, And Gold Continues to Fluctuate
USDJPY rebounds, but fails to maintain 145.00 levels USDJPY has been in a downtrend since 10 January of this year, evident by the lower highs on the daily chart. The pair broke the uptrend earlier this month, but failed to stay above the broken trend and continued to fall. The overall sentiment is still bearish on the dollar against the Japanese Yen. A daily close below 142.00 confirms the downtrend momentum. Price is hovering around these short…
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