USD/JPY Maintains Bearish Trend Ahead of CPI Release
USD/JPY Maintains Bearish Trend Ahead of CPI Release
The overall trend remains bearish as long as the price stays below 142.100, with downside targets at 140.300 and potentially 138.470. A corrective move toward the pivot line at 142.100 is possible before the bearish trend resumes. However, if the price stabilizes above 142.100 with a 4-hour candle close, a bullish move could extend toward 143.680.
In general, if the CPI is released as expected around 2.5%, this would support a bearish trend for USD/JPY.
The overall trend remains bearish as long as the price stays below 142.100, with downside targets at 140.300 and potentially 138.470. A corrective move toward the pivot line at 142.100 is possible before the bearish trend resumes. However, if the price stabilizes above 142.100 with a 4-hour candle close, a bullish move could extend toward 143.680.
In general, if the CPI is released as expected around 2.5%, this would support a bearish trend for USD/JPY.
- Key Levels:
Pivot Line: 142.100
Resistance Levels: 143.680, 145.038
Support Levels: 140.300, 138.460 - Expected Range: 142.100 - 138.460
- Trend: Bearish while below 142.100.
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.