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USD/JPY recovers early lost ground

U.S. Dollar / Japanese Yen (FX:USDJPY)  
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FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Technical Indicators USDJPY tremdline intradaytrade predictions optionsstrategies longsetup Forex
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trendanalysis harmonicpatterns indicator usdjpy tremdline intradaytrade predictions optionsstrategies longsetup forex
Following the publication of Japan's final GDP report, fresh buying interest is observed in USD/JPY. However, concerns about intervention are preventing bullish traders from entering new positions due to a slight decline in the value of the US dollar. The divergent policies between the Federal Reserve and Bank of Japan indicate that there is a higher probability for prices to rise than fall.
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