@srana475 on USDJPY | PriceONN Community

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With the New York session winding down, my eyes are on the economic calendar for tomorrow. We've got US CPI data coming out, which is always a big mover. If inflation comes in hotter than expected, the DXY could spike, and that would likely push USDJPY higher, maybe even testing R1 at 159.02. Conversely, a cooler print might see us retrace towards the S1 pivot at 158.74, especially if it sparks talk of Fed rate cuts. I'm also keeping an eye on any BoJ commentary, though they've been pretty quiet lately. It's definitely a key day to watch for potential volatility and a clear direction.
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EURUSD 1.14436 -0.13%
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USDJPY 162.42862 +0.16%
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