13 Abril 2022, USD/JPY
USDJPY trading plan:
U.S. consumer prices rose in March by the most since late 1981. The consumer price index increased 8.5% from a year earlier following a 7.9% annual gain in February. The March CPI reading represents what many economists expect to be the peak of the current inflationary period, capturing the impact of soaring food and energy prices. U.S. consumer prices rose, bolstering expectations that the Federal Reserve will raise interest rates by half a point next month. U.S. small business confidence fell in March, with the share of owners reporting that inflation was their single most important problem the largest since 1981, a survey showed. This is a positive signal for the US dollar.
Investment idea: sell 126.50 and take profit 125.88.
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