Key Highlights USD/JPY started a fresh rally above the 154.50 resistance. A key bullish trend line is forming with support at 155.80 on the 4-hour chart. EUR/USD accelerated losses and traded below the 1.0340 support. GBP/USD also declined and traded below the 1.2475 support. USD/JPY Technical Analysis The US Dollar formed a base above the […]
The post USD/JPY Settles After Rally: Can Bulls Push Higher? appeared first on Action Forex.
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AUD/USD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a brief recovery was repeatedly rejected above falling 20DMA and formed a double bull-trap on daily chart. Bearish daily studies maintain Read more…
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