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USDJPY Trapped Below 133.00 as US CPI Inflation Looms

USDJPY Trapped Below 133.00 as US CPI Inflation Looms
USDJPY ran out of steam near February’s bar of 133.00 for the second time, despite Monday’s notable rebound. The 50-day simple moving average (SMA) is another struggle for the bulls slightly lower at 132.00, though there is a ray of hope that upside pressures may resume. Specifically, the upturn in the 20-day SMA is reflecting an […] The post USDJPY Trapped Below 133.00 as US CPI Inflation Looms appeared first on Action Forex... Read More
Posted: Feb 14 2023, 08:56
Author Name: actionforex
Views: 082279

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