USD/JPY: Bulls Look for Further Upside But Markets Remain Cautious About Possible Intervention

<p>USDJPY keeps firm bullish tone and trading near new multi-month high in European session on Tuesday, as bulls regain traction after pausing on Monday. The pair stays above broken pivotal Fibo barrier at 142.50 (61.8% of 151.94/127.22) for the fourth consecutive day, which adds to bullish outlook. Near-term action remains supported by bullish daily studies […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/507476-usd-jpy-bulls-look-for-further-upside-but-markets-remain-cautious-about-possible-intervention/">USD/JPY: Bulls Look for Further Upside But Markets Remain Cautious About Possible Intervention</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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