USDJPY edged up in early Monday, recovering a part of Friday’s around 1% drop, sparked by dovish comments from Fed Chair Powell. Friday’s fall was contained by rising 55DMA (146.60) which tracks the pair’s ascend since early July, as well as by the top of ascending daily Ichimoku cloud (spanned between 146.70 and 145.64). The […]
The post USD/JPY Outlook: Regains Traction After Friday’s Fall appeared first on Action Forex.
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