USD/JPY stays underpinned for now with watchful eyes on 155 mark ...Middle East

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USD/JPY stays underpinned for now with watchful eyes on 155 mark
Even with the drop in Treasury yields yesterday, it did little to faze price action in USD/JPY. The pair remains underpinned but buyers are not gathering enough courage to take things further. For now, the 155.00 hurdle remains one step too far after all the verbal intervention by Japanese officials. But still, the chart shows that buyers remain poised and are keeping in near-term control.The consolidative mood just under 155.00 is reminiscent of when price action was hovering just below the 152.00 mark for roughly two weeks. What traders need is some form of impetus or trigger point to really bolster the case for the next leg higher in the pair.That being said, just be mindful that with eac

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