USDJPY trades just under ten-month high on Thursday, after bulls faced headwinds at psychological 160 barrier which caps the action for the second straight day. Partial profit taking after strong rally on Tue/Wed (the biggest two-day gains since mid-Sep) is seen as likely scenario as positive momentum started to fade and stochastic entered overbought territory. […]The post USDJPY – Bulls Take a Breather at Psychological 160 Barrier appeared first on ActionForex.