USDJPY – near term action remains in extended sideways mode under new multi-week high (158.07) and consolidating December’s 5% advance. Limited dips (so far contained by rising 10DMA) suggest that larger bulls remain firmly in play and likely to resume after consolidation. The dollar remains well supported by the latest hawkish shift in Fed’s interest […]
The post USD/JPY: Bulls Hold Grip for Further Gains, BoJ Intervention Looms appeared first on Action Forex.
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