Yesterday Fed has released the interest rate once again with 0.5 % and closed the year by 4.5 % overall
but in conference once again we observe dawish speech during the conference
and the most important thing for the Fed and US is to decrease the inflation and come back again to 2 percent
CPI data showed that FED did a great job during the dawish policy
i do expect that USDJPY achieve to 140 before ending the year after that we have to observe what is happening during the technical channel
if it broke above we could expect another bull run to the onside to the supply zone which i've already mentioned
but in conference once again we observe dawish speech during the conference
and the most important thing for the Fed and US is to decrease the inflation and come back again to 2 percent
CPI data showed that FED did a great job during the dawish policy
i do expect that USDJPY achieve to 140 before ending the year after that we have to observe what is happening during the technical channel
if it broke above we could expect another bull run to the onside to the supply zone which i've already mentioned