USD/JPY Needs Break of Key Fibo Barrier

<p>USD/JPY remains supported by favorable fundamentals but needs break of key Fibo barrier to resume larger rally The USDJPY edged higher on Thursday, pressuring pivotal Fibo resistance at 142.50 (61.8% of 151.94/127.22), underpinned by predominantly hawkish Fed’s narrative and US weekly jobless claims within expected limits. Larger bulls continue to face headwinds from key Fibo […]</p>
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