USD/JPY Outlook: The Upside Remains Capped With Risk Of Fresh Weakness If US Jobless Claims Hurt Dollar

<p>The pair is moving within the narrow range for the second day, with action being capped by 100DMA (108.96) and falling thin daily cloud. Daily indicators are bearishly aligned (negative momentum is rising and stochastic heads south) that adds to limiting factors. US weekly jobless claims seen near record high of last week (forecast for […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286505-usd-jpy-outlook-the-upside-remains-capped-with-risk-of-fresh-weakness-if-us-jobless-claims-hurt-dollar/">USD/JPY Outlook: The Upside Remains Capped With Risk Of Fresh Weakness If US Jobless Claims Hurt Dollar</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>