USD/JPY:
USDJPY D1 chart, the price reversed after hitting the Fibonacci 0.618 level. In addition, tonight’s CPI data has a very high probability of being good for the US dollar, so the US dollar has the opportunity to go long against the yen.
The price on the H1 chart is currently in a consolidation phase and there is currently no clear direction as to whether the price will go up or down. Prices are all consolidating back and forth between support and resistance levels.
Order suggestion:
The big trend can be seen more.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
