Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
USD/JPY has reached 2-weeks low
Information is not investment advice
Following the release of US Fed and Bank of Japan interest rate decisions, the USD/JPY dropped by more than 70 pips. On the H4 chart of USD/JPY, we may place the resistance levels at 108.98, 108.69, 108.44 and 108.25, while the support levels may be located at 107.96 and 107.67.
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