USD/JPY: Psychological 150 Barrier Under Increased Pressure

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<p>USD/JPY edged lower from new multi-month high in early Thursday’s trading, as bulls approached psychological 150 barrier and started to face headwinds. Overbough daily studies and possibility that Japanese officials may intervene around 150 level, make traders more cautious, pushing the price lower. The action so far looks like positioning for final attack at 150 […]</p>
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