USDJPY- Bears have upper hand after tepid CPI
USDJPY has broken support on 4 hr chart. Next level of support of 111.73. Stop @ 113.5. Target 110/110.5 range. KST has moved into negative zone as well supporting the bearish view.
Note
Touched a low of 110.65. Closing trade.
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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.