USD/JPY Technical: Countertrend USD Rebound Remains Intact Ahead of US NFP

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2020/04/f-usd-jpy23-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The US dollar is the top performer against the JPY on a 5-day rolling basis (+3%). A monthly US NFP jobs gain of between +240K to +260K may ignite another bout of US dollar rally. Bullish momentum is supporting a potential extension of the ongoing countertrend rebound in USD/JPY. Watch the next intermediate resistance at […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534044-usd-jpy-technical-countertrend-usd-rebound-remains-intact-ahead-of-us-nfp/">USD/JPY Technical: Countertrend USD Rebound Remains Intact Ahead of US NFP</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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