USD/JPY Remains Stuck Near Key Resistance At 149.00 – 149.50

usd_jpy_forex_3USD/JPY continues its attempts to settle above the resistance at 149.00 – 149.50 as traders focus on inflation data from Japan. Inflation Rate declined from 4% in January to 3.7% in February, compared to analyst forecast of 4.2%.

A move above the 149.50 level will open the way to the test of the next resistance level at 152.00 – 152.50.

USD/JPY


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