USDJPY bounced strongly on Tuesday and returned above 150 barrier, fully retracing pullback of past two days. Corrective dip was short-lived and left a bear-trap under 149.03 (50% retracement of 147.29/150.77 upleg), signaling that larger bulls remained unharmed for further gains, as threats of possible intervention faded. Technical picture on daily chart remains bullish, with […]
The post USD/JPY: On Track for Biggest Daily Gain in Months after Bulls Regained Control appeared first on Action Forex.
