USDJPY continues to trend higher and cracks pivotal Fibo barrier at 158.22 (76.4% of 160.19/151.85) which recently capped several attacks. Sustained break here would generate fresh bullish signal for continuation of entire recovery from 151.85 (May 3 low) and open way for 159+ gains on stronger acceleration. Daily studies are in full bullish mode, though […]

The post USD/JPY: Probes Again Through Pivotal Fibo Barrier, Inflated by Diverging Monetary Policies appeared first on Action Forex.

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