USDJPY accelerated higher on Wednesday, as breach of recent multi-tops (148.50) triggered stops and pushed the price to the highest since early February. The pair was up 0.45% on Wednesday morning, with recent break above bull-channel upper boundary and bear-trendline off 161.95 (153.92/95) / Fibo 76.4% of 158.87/139.88 (154.39 respectively) generating fresh bullish signal. Daily […]The post USDJPY Hits New Multi-Month High, But Possible FX Intervention Urges Caution appeared first on Action Forex.