Daily Market Analysis 12.08.2022: USDJPY
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 133.595 with take profit at 133.823 Bearish Preference: Sell position is envisaged if price trades below 132.835 with take profit at 132.581 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment:The U.S. dollar edged higher in early European trade Friday, rebounding to a degree after a two-day selloff as …