USD/JPY: Bulls Start to Lose Traction Ahead of Key Barriers But Still Hold Grip

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Strong rally in past three days started to run out of steam on Tuesday, as daily action was so far shaped in long-legged Doji candle that signals indecision. Bulls show signs of fatigue after retracing over 76.4% of 149.18/145.85 bear-leg and hitting recovery high just under key near-term support at 149.18 (July 16 peak), where […]The post USD/JPY: Bulls Start to Lose Traction Ahead of Key Barriers But Still Hold Grip appeared first on Action Forex.