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USDJPY attacked again pivotal 150 barrier (psychological / bear-channel upper boundary / 30 DMA) in early Wednesday, offsetting initial negative signal from Tuesday’ bearish inverted hammer that was formed after strong upside rejection just under 150 zone. Yen was deflated by BoJ’s decision to keep interest rates unchanged at 0.5%, as policymakers responded to growing […]

The post USD/JPY Outlook: Near-Term Recovery Faces Headwinds from Pivotal 150.00 Resistance appeared first on Action Forex.

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15/06/2024

Housing and Retail Sales Data to Show Canadians Continue to Hold Back

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