USDJPY hits new multi-decade highs, following eventual break of key 155.00 zone, where the action was capped in anticipation of intervention from Japanese authorities at these levels. Fading intervention fears unleashed bulls which now focus targets at 156.36 and 157.73 (Fibo projections) with stronger bullish acceleration to open way for attack at psychological 160 barrier […]
The post USD/JPY: Eventual Break of 155.00 Barrier Unmasks 160.00 Target appeared first on Action Forex.
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