The overall trend remains bearish as long as the price stays below 141.020, with downside targets at 138.470 and potentially 137.450.
A corrective move toward the pivot line at 141.028 is possible before the bearish trend resumes. However, if the price stabilizes above 142.100 with a 4-hour candle close, a bullish move of 141.030 extends toward 143.680.
In general, if the CPI is released as expected around 2.5%, this would support a bearish trend for USD/JPY.
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