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USD/JPY: Bulls Look for Further Upside But Markets Remain Cautious About Possible Intervention

USD/JPY: Bulls Look for Further Upside But Markets Remain Cautious About Possible Intervention
USDJPY keeps firm bullish tone and trading near new multi-month high in European session on Tuesday, as bulls regain traction after pausing on Monday. The pair stays above broken pivotal Fibo barrier at 142.50 (61.8% of 151.94/127.22) for the fourth consecutive day, which adds to bullish outlook. Near-term action remains supported by bullish daily studies […] The post USD/JPY: Bulls Look for Further Upside But Markets Remain Cautious About Possible Intervention appeared first on Action Forex... Read More
Posted: Jun 27 2023, 09:46
Author Name: actionforex
Views: 102656

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