USDJPY Soars for Seven Consecutive Days as Fed Meeting Looms
The USDJPY pair powers through significant resistance, achieving seven consecutive days of gains. This bullish trend follows a crucial breakout from its 200-day moving average. The price skyrocketed from 150.00 to above 154.00, fueled by a surge in Treasury yields. Traders are optimistic as they anticipate the upcoming Federal Reserve meeting, which could impact further movements.
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