USD/JPY: Bearish Shift Unfolds as Price Dips Below Key SMAs 📉
A significant technical development has emerged for currency traders in the USD/JPY pair. The price has decisively broken below its key daily Simple Moving Averages, indicating a potent build-up of bearish momentum.
This crucial move, observed in global Forex markets on April 10, 2025, challenges the pair’s recent resilience. It prompts a critical reassessment of both the fundamental and technical landscapes driving its movements. 📊