The USDJPY regained traction on Tuesday and resumed the upleg from Aug 11 trough (131.73). Fresh bullish acceleration broke through important Fibo barrier at 133.83 (38.2% of 139.39/130.39) and pressuring the triangle resistance trendline (134.37). Break of these obstacles would improve near-term structure and open way for further advance, though daily studies are mixed and […]
The post USD/JPY: Dollar Edges Higher But Still Holding Within a Triangle appeared first on Action Forex.
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