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The USDJPY price shows a shift in trend -Analysis-08-04-2026
(USDJPY) experienced a sharp decline during recent intraday trading, with the pair breaking below EMA50. This exposed it to increased negative pressure, which intensified further after the pair broke a major short-term upward trendline.
This move signals the beginning of a corrective downward trend in the near term, especially as it coincides with negative signals from the relative strength indicators after reaching heavily overbought levels.
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