USD/JPY Trend Before and After Tariff Announcement

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✍ ✍ ✍USD/JPY news:

➡️ Federal Reserve officials have indicated that interest rates should remain in the current range of 4.25%–4.50% for an extended period until they can assess the impact of Trump’s tariffs on inflation and economic growth.

➡️ Stronger-than-expected US ADP data provided significant support for the sharp rise in USD/JPY.

➡️ Meanwhile, the Japanese Yen (JPY) weakened against other currencies, as Trump’s policies could have a significant impact on Japan’s economic growth, given its status as one of the US’s key trading partners.

Personal opinion:

➡️ Trump’s tariff policies will significantly impact the economy nhant65. So JPY will weaken and USD/JPY will be strongly supported

➡️ Analyze based on physical dimensions - support and quantify reasonable volume with EMA to come up with a suitable strategy

Plan:
🔆Set up price zone:

👉Buy USD/JPY 149.75 – 149.85
❌SL: 149.40| ✅TP: 150.45 – 150.95

FM wishes you a successful trading day 💰💰💰

Penafian

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