USD/JPY Daily Forecast and Technical Analysis for July 10, 2024, by Chris Lewis for FX Empire

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The US dollar continues to see a lot of upward pressure and the moment against the Japanese yen. This is a trend that is worth following over the next few sessions but be aware that the markets will be paying close attention to the CPI and PPI numbers on Thursday and Friday.
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Been holding on to a loosing long trade, don't know what will happen next since Japan allegedly intervened. What are your thoughts?