| Explore the USDJPY's impressive 3-day consecutive rise and its potential implications in this comprehensive analysis. Discover how the price has surged above a critical swing area ranging from 143.44 to 143.54, establishing a new risk level for traders. Staying above this level could signal a more bullish sentiment, while a move below may trigger a downside retracement following the break. In anticipation of the upcoming US CPI release, where expectations for the YoY headline to reach 3.3% are high, traders might find reasons to be cautious amidst the potential impact of this data on the current momentum. Could the USDJPY hit the year's high at 143.88? Join us to uncover the answers. |
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