USD/JPY: Bulls Pausing Ahead of Fed’s Decision

Near-term action is holding in a sideways mode for the second consecutive day, after 2.1% acceleration of last Wed/Thu/Fri ran out of steam on approach to 142.00 zone (psychological / Fibo 61.8% of 145.06/137.23 fall). Still strong bids limited Monday’s dip, with close above broken daily Kijun-sen (141.15), keeping near-term bias with bulls. The action […]

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