03 Abril 2023, USD/JPY
USDJPY trading plan:
The personal consumption expenditures price index increased 0.3% last month after accelerating 0.6% in January. In the 12 months through February, the PCE price index advanced 5.0% after rising 5.3% in January. Excluding food and energy, the PCE price index climbed 0.3% after increasing 0.5% in January. The core PCE price index rose 4.6% year-on-year after gaining 4.7% in January. The Fed tracks the PCE price indexes for its 2% inflation target. The two-year U.S. Treasury yield was up 1.1 basis points at 4.11%. This is a positive signal for the dollar.
Investment idea: buy 133.35 and take profit 134.11.