USD/JPY: On Track for Biggest Daily Gain in Months after Bulls Regained Control

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<p>USDJPY bounced strongly on Tuesday and returned above 150 barrier, fully retracing pullback of past two days. Corrective dip was short-lived and left a bear-trap under 149.03 (50% retracement of 147.29/150.77 upleg), signaling that larger bulls remained unharmed for further gains, as threats of possible intervention faded. Technical picture on daily chart remains bullish, with [&#8230;]</p>
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