USDJPY remains constructive as bounce from multi-month low (139.88) holds above broken Fibo level at 142.55 (23.6% of 151.20/139.88 bear-leg, reinforced by 10DMA) for the third consecutive day. Safe haven yen benefited from the recent uncertainty over US trade tariffs and anticipated negative impact on global economy, advancing over 10% from its January low vs […]

The post USD/JPY: Inflated by Fresh Risk Appetite But Still Lacks Clearer Direction Signal appeared first on Action Forex.