USDJPY Turns Up, But is the Rebound Sustainable?

<p><img width="544" height="317" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-jpy18.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>USDJPY aims for a bullish breakout ahead of Thursday’s US CPI data Momentum indicators are encouraging, but trend signals are still cautious USDJPY found new buyers near its 20-day simple moving average (SMA) at 143.40 on Tuesday, drifting higher to close mildly positive on the day. Upside pressures persisted early on Wednesday, bringing the important 144.70 region, […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534712-usdjpy-turns-up-but-is-the-rebound-sustainable/">USDJPY Turns Up, But is the Rebound Sustainable?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>