USDJPY has reached our near term target at 110.4 and we now are looking for the currency pair to continue it's upward momentum and consolidate above this level and reach multi month highs towards 112. However, we will await the FOMC minutes as well as US data Friday in particular US CPI for any significant price action.
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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.