USD/JPY tiptoes higher; forms encouraging candlestick pattern A slew of obstacles still lie ahead; bullish outlook above 147.50 USDJPY attempted a modest recovery after dipping to 141.95 early in the week. While Tuesday’s bullish move was limited, the formation of a small, inverted hammer candlestick suggests potential for upward momentum. Confirmation, however, would require a […]
The post USD/JPY Bulls Remain Cautiously Active appeared first on Action Forex.