USDJPY edges lower after hitting levels just ticks away from 160 barrier, which many see as a trigger for intervention, as Japan’s authorities intervened at the end of April when the pair cracked 160 barrier. Monday’s trading was closed in red for the first time in eight days, although long tail of daily candle suggests […]
The post USD/JPY: Bulls Gesitate on Approach to 160.00 Barrier, Potential Intervention Trigger appeared first on Action Forex.
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