The Japanese yen softened after weaker-than-expected GDP in Q4. Despite choppiness in recent price action, confidence in the greenback remains high. A failed attempt at the supply zone (115.80) suggests a lack of momentum, but a swift bounce off 114.65 reveals strong enough buying interest. A bullish breakout would lead to the double top at […]

The post USD/JPY Breaks Higher appeared first on Action Forex.