USDJPY Daily Analysis – July 5, 2023

USDJPY, which had been displaying a notable uptrend from its low of 138.42, has encountered a significant development as it broke below the rising price channel on the 4-hour chart. This suggests that the pair may require a period of lengthier consolidation before resuming its upward movement. Consequently, deeper declines are expected in the coming &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/136041-usdjpy-daily-analysis-july-5-2023.html">Continue reading<span> "USDJPY Daily Analysis &#8211; July 5, 2023"</span></a>