Daily Market Analysis 18.05.2023: USDJPY
Instrument: USDJPY Technical Analysis Bullish Preference: buy position is envisaged if price trades above 138.101 with take profit at 138.499. Bearish Preference: sell position is envisaged if price trades below 137.638 with take profit at 137.336. Fundamentals:1:30pm USD Unemployment Claims Comment: The U.S. dollar rose in early European trade Thursday as negotiations to end the debt ceiling standoff in Washington …