Technical Analysis – USDJPY extends gains for a third straight day
Posted on March 9, 2017 at 8:54 am GMTUSDJPY recorded a three-week high during yesterday’s trading and it is currently up for the day. Should it close the day with gains, this would mark the third such day in a row. The RSI is currently bullish at 58. The MACD histogram is also in bullish territory but not far above zero. An additional shot-term positive signal is that the histogram is above the red signal line. The 117 handle proved a key level in the past and should [..]