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USD/JPY: Bulls Hold Grip for Stronger Recovery But More Evidence Needed to Confirm the Stance

USD/JPY: Bulls Hold Grip for Stronger Recovery But More Evidence Needed to Confirm the Stance
The USDJPY is standing at the front foot, following last Friday’s nearly 2% daily advance and Monday’s opening with a gap-higher. The dollar was boosted by strong US labor figures which signal that the central bank would extend its policy tightening cycle. Rising bullish momentum on daily chart underpins the action, as bulls face targets […] The post USD/JPY: Bulls Hold Grip for Stronger Recovery But More Evidence Needed to Confirm the Stance appeared first on Action Forex... Read More
Posted: Feb 6 2023, 11:32
Author Name: actionforex
Views: 111895

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