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USDJPY resumes uptrend on Monday, after a brief pause last Thu/Fri and hit new multi-decade high, just ticks ahead of 154.00 round-figure barrier. Bulls hold grip despite increased pressure from overbought studies, with last week’s close above former pivotal barriers at 152.00 zone, adding to bullish signals. Initial resistances lay at 154.00/25, guarding targets at […]

The post USD/JPY Outlook: Resumes Rally After a Brief Pause appeared first on Action Forex.

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