USD/JPY: Bears Consolidating for Fresh Push Through Daily Cloud Base

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<p>USDJPY bounces from new ten-week low on Wednesday, as bears faced headwinds on probe through the base of daily cloud (147.38) and from 100DMA (146.97). Fresh jump was sparked by dovish comments from BoJ policymaker, who said that it is still early to talk about exiting from negative rate policy. However, bounce is likely to […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/529526-usd-jpy-bears-consolidating-for-fresh-push-through-daily-cloud-base/">USD/JPY: Bears Consolidating for Fresh Push Through Daily Cloud Base</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>