USDJPY is establishing above 150 support as fresh gains extend into second consecutive day and fully reverse Tuesday’s 0.7% drop. Bulls cracked 151.00 level on Thursday and pressure pivotal barriers at 151.25/30 (Fibo 38.2% of 150.87/146.53/March high). Headwinds could be expected at this zone, which would pause recovery from 146.53 (March 11 low), although dips […]

The post USD/JPY: Bulls Eye Key Technical Barriers at 151.25/30 appeared first on Action Forex.

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