USDJPY Tiptoes Higher Within Caution Area
USDJPY has tiptoed higher following the collapse to a four-month low of 130.55 last Tuesday, with traders currently waiting for a break above the key 133.30 level to increase exposure in the market. The area represents the 50% Fibonacci retracement of the March-October uptrend. While the latest recovery in momentum indicators endorses the positive action […] The post USDJPY Tiptoes Higher Within Caution Area appeared first on Action Forex.
USDJPY has tiptoed higher following the collapse to a four-month low of 130.55 last Tuesday, with traders currently waiting for a break above the key 133.30 level to increase exposure in the market. The area represents the 50% Fibonacci retracement of the March-October uptrend. While the latest recovery in momentum indicators endorses the positive action […]
The post USDJPY Tiptoes Higher Within Caution Area appeared first on Action Forex.
