FX.co ★ remington.kihn | USD/JPY

The week on the USD/JPY chart passed relatively calmly, although there may have been a small intervention from the Bank of Japan, during which the price dropped to the round support level of 155.00 and then received a noticeable bounce to the north. A pin bar has formed on the chart, which could trigger a move upwards if the level of 158.30 is broken. However, my priority remains with the resumption of the decline and selling at least until the sloping support around 153.00. Of course, a signal for this decline will be a break below the minimum of the current week at the support of 155.00. On Tuesday, US inflation data will be released, I think they will be a driver for a good movement. Hello traders