USD/JPY Outlook: Bulls Tighten Grip and Look for Retest of 2022 High

<p>The USDJPY continues to trend higher and extend uninterrupted recovery from a higher base at 121.27 (Mar 30/31) into sixth straight day, on track for the fifth consecutive strong weekly gains. Today’s acceleration cracked pivotal Fibo resistance at 124.19 (76.4% of 125.09/121.27 pullback) close above which would confirm that corrective phase is over. Bulls pressure […]</p>
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