The USDJPY is trading within a narrow range around 130 handle on Thursday, after recovery from 126.36 (May 24 low) accelerated on Wednesday (up 1.1% for the day) and cracked pivotal barriers at 130.00/16 (psychological / Fibo 76.4% of 131.34/126.36 pullback). Close above these levels is needed to generate fresh bullish signal for recovery extension […]
The post USDJPY – Bulls Pause at Key 130 Resistance Zone ahead of US Jobs Data appeared first on Action Forex.
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