US Bounces Against Yen: Technical Analysis for August 01, 2024, by Chris Lewis for FX Empire

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The USD/JPY is trying to recover after the massive selloff that we have seen against the Japanese yen. It has been a brutal drop, so it is possible that the market will continue to see a bit of short covering in the next day or two – except we also have to watch the jobs number on Friday.

For the full article:
https://www.fxempire.com/forecasts/article/usd-jpy-forecast-us-dollar-bounces-in-the-early-thursday-hours-1450437/

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