USD/JPY(20250516)Today's Analysis

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Market news:
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.

Technical analysis:
Today's buying and selling boundaries:
145.93

Support and resistance levels:
147.26
146.77
146.44
145.42
145.10
144.61

Trading strategy:
If the price breaks through 145.93, consider buying, the first target price is 146.44
If the price breaks through 145.42, consider selling, the first target price is 145.10

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