U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - 10 April, Breakout, DXY short recovery

200
USDJPY trend forecast April 10 , 2025

💬The Japanese Yen (JPY) holds onto its intraday strength following a stronger-than-anticipated Producer Price Index (PPI) report, which reinforces expectations for additional interest rate hikes by the Bank of Japan (BoJ). Additionally, growing optimism surrounding a potential trade agreement between Japan and the United States adds further support to the Yen. Meanwhile, the US Dollar (USD) struggles to maintain its modest overnight rebound and pulls the USD/JPY pair back below the 147.00 level during Thursday’s Asian trading session.

💬 EURUSD, broke H1 trendline. 90-day tariff delay, easing economic recession. DXY rebounds


🥇/// BUY USDJPY : zone 146.450 - 146.250

SL: 145.900

TP: 40 - 60 - 150pips ( 147.750 )


Safe and profitable trading
Trade active
snapshot

+ 60 pips , signal USDJPY ( 146.450 - 146.250 )
Trade closed: target reached
Bad CPI data for dollars, DXY decreased. USDJPY

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