Discover the reasons behind the recent decline in USDJPY as we analyze the impact of better-than-expected CPI data. The price drops below its 100-hour moving average mark a key technical break with short-term implications. Sellers maintain control as long as the price remains below this level, while a move above it could lead to disappointment due to the failed break. Stay updated on the USDJPY chart and make informed trading decisions with our forex technical analysis. Subscribe for more market updates and share your thoughts in the comments below. Stay ahead in the forex market! |
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