Enter your email is a bit stretched, but there is nothing on this chart that says we are in imminent danger of turning things around.
It is a major inflationary announcement, which of course is front and center for most traders right now. Because of this, the market looks as if it is likely to wait until that announcement is released to make a meaningful reaction.If the inflationary numbers are hotter than anticipated, the US dollar will likely strengthen against not only the Japanese yen but probably almost everything during the day.
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