USDJPY Daily Analysis – July 31, 2023

USDJPY has recently broken above the falling trend line on the 4-hour chart, indicating that the previous downside movement from 141.94, which reached as low as 138.05, has concluded. With this breakout, a further rally could be anticipated in the upcoming days, and the next target for the pair would be at 141.94, followed by … <a href="https://www.forexcycle.com/short-term-forex-analysis/136458-usdjpy-daily-analysis-july-31-2023.html">Continue reading<span> "USDJPY Daily Analysis – July 31, 2023"</span></a>