USD/JPY: Recovery Turns Sideways Between Daily Cloud Top and Psychological 150 Barrier

<p><img width="612" height="559" src="https://www.actionforex.com/wp-content/uploads/2018/06/f-jpy65.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/06/f-jpy65.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/06/f-jpy65-600×548.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/06/f-jpy65-460×420.jpg 460w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>USDJPY is holding within a narrow consolidation for the second consecutive, with quiet mode seen as a result of lower volumes on closure of US markets for Thanksgiving Day holiday. Recent recovery from 147.15 (Nov 21 low of correction from 151.90 peak) seems to be losing traction, despite formation of reversal pattern on daily chart […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528855-usd-jpy-recovery-turns-sideways-between-daily-cloud-top-and-psychological-150-barrier/">USD/JPY: Recovery Turns Sideways Between Daily Cloud Top and Psychological 150 Barrier</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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