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USDJPY regained traction in early trading on Monday but remains with the recent range and looks for firmer direction signal. Near term bias is expected to remain bullish while the price action stays above rising daily Tenkan-sen (149.16) which contained today’s dip, but the upside attempts were so far limited. Probes through psychological 150 barrier […]

The post USD/JPY Outlook: Violation of Pivotal Points to Generate Fresh Direction Signals appeared first on Action Forex.

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