USD/JPY: Holding Above Broken Fibo Level Keeps Bulls in Play for Possible 150+ Acceleration

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USDJPY remains constructive and pressuring the top of recent consolidation range in early Monday trading. The second weekly bullish close, with long tailed last week’s candle, suggests that bulls hold grip for attack at psychological 150 barrier after recent consolidation stayed above broken Fibo pivot at 148.12 (38.2% of 161.95/139.57 descend). Firm break of 150 […]

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