USD/JPY hung up near 150.50 after Greenback gains for a second day

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• The USD/JPY is edging higher, retesting chart space above 150.00.
• Bullish momentum appears to be weakening as the pair struggles to reclaim 151.70.
• Fed Chair Powell makes an appearance on Wednesday, Japan Current Account early Thursday.

The USD/JPY is trading into the 150.50 neighborhood after the pair eked out a second straight day of gains following last week’s three-day decline into 149.20.