USD/JPY starts a new bullish cycle ahead of US CPI data. Key resistance near 154.30. Will the bulls retain their power? USDJPY drifted up to 153.72 after confirming a bullish morning star candlestick pattern above its constraining 200-day exponential moving average (EMA). This marks the start of a potential new bullish cycle—at least for now. […]
The post USD/JPY on the Rise: Is the Rally Sustainable? appeared first on Action Forex.
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