Daily Market Analysis 11.08.2022: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 132.884 with take profit at 133.241 Bearish Preference: Sell position is envisaged if price trades below 131.980 with take profit at 131.623 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims  Comment:The dollar made up some losses on Thursday after a steep drop the previous day on …

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