Get started
dsmall

USDJPY could wedge or break for reversal - CPI in focus

U.S. Dollar / Japanese Yen (FX:USDJPY)  
dsmall Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Trend Lines
3
1
trendanalysis trendline
UJ is in a descending wedge starting from ~142.57.

CPI #s tomorrow can either continue downtrend or break to upside back to 137.

Be patient, wait for market to digest numbers, make strong entries.
Comment:
Trade closed at 129.
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.