Technical: USDJPY trapped below 133.00 as US CPI inflation looms

USDJPY ran out of steam near February's bar of 133.00 for the second time, despite Monday's notable rebound. The 50-day simple moving average (SMA) is another struggle for the bulls slightly lower at 132.00, though there is a ray of hope that upside pressures may resume. Specifically, the upturn in the 20-day SMA is reflecting an improvement in short-term ...     Alert Feb 14, 2023, 6:46pm Technical: USDJPY trapped below 133.00 as US CPI inflation looms USDJPY ran out of steam near February's bar of 133.00 for the second time, despite Monday's notable rebound. The 50-day simple moving average (SMA) is another struggle for the bulls slightly lower at 132.00, though there is a ray of hope that upside pressures may resume. Specifically, the upturn in the 20-day SMA is reflecting an improvement in short-term ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support