USDJPY resumed its broad positive trend after the bulls drove aggressively to a five-year high of 116.33 on Tuesday, marking seven consecutive days of gains. Despite the fast ascent, the pair could not close above the 116.11 limitation taken from late 2016 and start of 2017, with the price sliding back to the negative territory during the early trading hours today. A deceleration cannot be ruled out in the coming sessions as the market seems to be trading in overbought waters according to the RSI and the fast Stochastics. Yet, the upward pattern in the market has yet to show any sign of weakness and the ascending ... (full story)