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USD/JPY: On Track for Biggest Daily Gain in Months after Bulls Regained Control

USD/JPY: On Track for Biggest Daily Gain in Months after Bulls Regained Control
USDJPY bounced strongly on Tuesday and returned above 150 barrier, fully retracing pullback of past two days. Corrective dip was short-lived and left a bear-trap under 149.03 (50% retracement of 147.29/150.77 upleg), signaling that larger bulls remained unharmed for further gains, as threats of possible intervention faded. Technical picture on daily chart remains bullish, with […] The post USD/JPY: On Track for Biggest Daily Gain in Months after Bulls Regained Control appeared first on Action F... Read More
Posted: Oct 31 2023, 11:56
Author Name: actionforex
Views: 042039

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