USD/JPY: Holds in a Narrow Range Directionless Mode and Seeks Direction Signals

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<p>USDJPY remains within a narrow range just below psychological 150 barrier, which was cracked earlier this month, but continues to offer solid resistance. Near-term direction is clouded by mixed signals, as daily studies are in bullish configuration, but overbought and looming intervention keeps traders cautious. Long tails of candlesticks of past two days point to […]</p>
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