USDJPY waiting for the opportunity
USD poised ahead of ECB Forum on Central Banking in Sintra, Portugal. Andrew Bailey, Christine Lagarde, Jerome Powell, and Kazuo Ueda will participate in the policy panel. Comments from the meeting will be closely watched for monetary policy hints. Bailey, Lagarde, and Powell maintain a hawkish perspective, while the Bank of Japan maintains loose settings.
Japan's Vice Finance Minister stated that authorities would respond to excessive FX moves. Australian CPI missed expectations, causing the Aussie Dollar to collapse. ASX 200 and Japanese indices rose, while China's CSI 300 and Hong Kong's HSI were softer. Treasury yields are mostly unchanged, gold struggles near a 3-month low, and crude oil has steadied.
USDJPY SELL 144.45 - 144.40 💯💯
✅ TP1: 144.00
✅ TP2: 143.50
🛑 SL: 145.00
Japan's Vice Finance Minister stated that authorities would respond to excessive FX moves. Australian CPI missed expectations, causing the Aussie Dollar to collapse. ASX 200 and Japanese indices rose, while China's CSI 300 and Hong Kong's HSI were softer. Treasury yields are mostly unchanged, gold struggles near a 3-month low, and crude oil has steadied.
USDJPY SELL 144.45 - 144.40 💯💯✅ TP1: 144.00
✅ TP2: 143.50
🛑 SL: 145.00
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