USD/JPY: Recovery Regains Traction But Needs Break Through Key Barriers to Signal Continuation

<p>USDJPY accelerated higher on Wednesday and dented psychological 140 barrier (reinforced by falling 10DMA), the lower boundary of pivotal resistance zone at 140.00/22 (140.22 is Fibo 38.2% of 145.06/137.23 bear-leg). Fresh strength adds to reversal signals after recovery started last Friday, forming bullish engulfing pattern, but paused on Mon /Tue (double-Doji), though kept bullish bias […]</p>
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