Declining consumer prices in Japan bullish for USDJPY
Core consumer prices declined in Japan in April: core CPI declined 0.1% in April after 0.1% increase in March, when no change was expected. This is bullish for USDJPY.
Summary of technical analysis
|Buy stop||Above 107.73|
|Stop loss||Below 107.43|
Market Analysis provided by IFCMarkets
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