U.S. Dollar / Japanese YenUpdated USDJPY could wedge or break for reversal - CPI in focus
UJ is in a descending wedge starting from ~142.57.
CPI #s tomorrow can either continue downtrend or break to upside back to 137.
Be patient, wait for market to digest numbers, make strong entries.
CPI #s tomorrow can either continue downtrend or break to upside back to 137.
Be patient, wait for market to digest numbers, make strong entries.
Note
Trade closed at 129.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.