@amit5664 on USDJPY | PriceONN Community

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amit5664
amit5664 PRO newbie
USDJPY Apr 7
Given how quiet USDJPY is, and with the news about oil prices potentially pushing US inflation higher, I'm a bit worried. If inflation stays high, the Fed might delay rate cuts, which could support the dollar. But right now, the chart looks weak, almost oversold on the RSI. I think we might see a small dip towards 158.50 before any real recovery.
USDJPY

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EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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