USD/JPY Technical Analysis for January 29, 2024 by Chris Lewis for FX Empire

The US dollar has rallied a bit against the Japanese yen during the trading session on Friday, as we continue to defend the 147.33 yen level. This is a market that I think continues to be bullish, but it may not necessarily be as explosive as it was a few weeks ago.

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Charts provided by the courtesy of Barchart.

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