Analyzing USD/JPY: RSI Signals Hint at Possible Price Adjustmen
USD continues to maintain its advantage over JPY in the US trading session on Monday, pushing the USD/JPY currency pair higher. However, the RSI indicator on the 4-hour chart suggests that this currency pair is currently overbought, hinting at a potential downward correction in the near future. Nevertheless, this could also present an opportunity for investors, as there may be a strong price increase following the correction.
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