The new method is using dot notation, the slash notation is deprecated (http://handlebarsjs.com/expressions.html).
So, the actual method to access to the parents elements are the following:
@root.grandfather.father.element
@root.father.element
In your specific example, you would use:
{{#each items}}
<div style="font-size:{{@root.viewData.itemSize}}px">{{this}}</div>
{{/each}}
Another method from the official documentation(http://handlebarsjs.com/builtin_helpers.html) is using alias
The each helper also supports block parameters, allowing for named
references anywhere in the block.
{{#each array as |value key|}}
{{#each child as |childValue childKey|}}
{{key}} - {{childKey}}. {{childValue}}
{{/each}}
{{/each}}
Will create a key and value variable that children may access without
the need for depthed variable references. In the example above, {{key}} > is identical to {{@../key}} but in many cases is more readable.