USD/JPY Recovery Could Face Uphill Task – Here’s Why

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<p>Key Highlights USD/JPY is attempting a fresh increase from the 147.15 zone. A connecting bearish trend line is forming with resistance near 150.00 on the 4-hour chart. EUR/USD is showing positive signs above the 1.0850 support. GBP/USD could extend its rally above the 1.2550 resistance. USD/JPY Technical Analysis The US Dollar declined heavily from the [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528772-usd-jpy-recovery-could-face-uphill-task-heres-why/">USD/JPY Recovery Could Face Uphill Task – Here’s Why</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>