USD/JPY Outlook: Slight Bullish Alignment but More Work Needed for Eventual Exit from Week-long Range

<p>The pair holds slight bullish tone on Wednesday and attempts to break out from seven-day 107/108 zone range, where the action was stuck on safe-haven demand for both currencies. Wednesday’s action is holding in the upper side of the range and probes above initial barrier provided by 10DMA (107.79), with eventual close above to provide […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/289275-usd-jpy-outlook-slight-bullish-alignment-but-more-work-needed-for-eventual-exit-from-week-long-range/">USD/JPY Outlook: Slight Bullish Alignment but More Work Needed for Eventual Exit from Week-long Range</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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