Daily Market Analysis 04.08.2022: USDJPY
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 134.751 with Take Profit at 135.430 Bearish Preference: Sell position is envisaged if price trades below 133.292 with Take Profit at 132.984 Fundamentals:1:30pm USD Unemployment Claims Comment: “The yen will stay weak whilst the BOJ maintains its YCC (yield-curve control) policy,” said Tony Nyman at Informa Global …