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USD/JPY: Weekly Close Above Pivotal Fibo Barrier Reinforces Bullish Stance

USD/JPY: Weekly Close Above Pivotal Fibo Barrier Reinforces Bullish Stance
USDJPY keeps firm tone at the beginning of the week, as hawkish tones from Fed Chair Powell on Friday, offered additional support to dollar. Faded threats of Japan’s intervention to support yen, expected on breach of 145 trigger, contributed to larger bulls, with fresh positive signal being generated on weekly close above 146.10 Fibo resistance […] The post USD/JPY: Weekly Close Above Pivotal Fibo Barrier Reinforces Bullish Stance appeared first on Action Forex... Read More
Posted: Aug 28 2023, 10:46
Author Name: actionforex
Views: 111792

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