
USDJPY Bounces Back: RSI Holds Above Oversold Zone, Halting Three-Day Selloff (February 24, 2025)
USD/JPY Holds Ground Amid Reversing Bearish Momentum The USD/JPY currency pair took a breather from its three-day selloff, as the pair’s Relative Strength Index (RSI) held above the oversold territory of 30. The RSI is a popular momentum indicator that measures the magnitude of recent price changes to determine overbought or oversold conditions. Bearish Momentum…